Tether
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About Tether
Tether (USDT) is a stablecoin, a crypto token made to hold a steady value against the United States dollar. The token is fiat-backed, meaning its value is tied to a government-issued currency, and it is used to buy other cryptocurrencies on exchanges. Tether says it offers stability to the unstable crypto market and liquidity, or tradable funds, to exchanges that cannot use dollars or banks.
Tether was launched by Tether Limited in 2014. Tether Limited, the company that issues the token, falls under the legal jurisdiction of the British Virgin Islands.
- Network
- Ethereum token (+10 chains)
- Created by
- Tether Limited
- Category
- Stablecoins
- Max supply
- No hard cap
Tether news
All newsTether FAQ
The Tether.to platform lets users convert USDT to USD and back, and move dollars to and from a bank account.
Tether itself charges nothing for transactions, but a fee may be applied by wallets and exchanges outside the platform.
Tether runs as token contracts, the code that records token balances, on Ethereum, Kaia, Tezos, Tron and other blockchains.