Tether USDT Tether USDTLooking for Tether? Find USDT Price, Exchanges, Reviews, Chart, Historical Data & USDT Marketcap
USDT
Rank 8
Token Omni
Tether (USDT) Ranked 8 in Coin Market Daddy Currencies Index. Tether (USDT) price is $1.01. It has a current circulating supply of 2,863,424,787 USDT and a Marketcap of $2.89B. Today Tether price is down (-0.04%). $20M worth of Tether (USDT) has been traded in the past 24 hours. Tether (USDT) currency type is token (Omni). USDT trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Tether (USDT) and contribute to CMD Cryptocurrency Encyclopedia.
USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.
USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.
In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.
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Tether Respond to New York Attorney General’s Actions
https://t.co/uov9q3Almw
RT @Omni_Layer: $Omni #Omnilayer We have identified an edgecase issue in Omni Core affecting client startup. While not a consensus critical…
After recent listings on Huobi, Okex, and Binance, the Ethereum based version of Tether has grown exponentially ove… https://t.co/QCkWrg5bhM
Today we are rotating the issuance keys for USD₮ on the @Omni_Layer on the Bitcoin blockchain as standard security… https://t.co/RGVkdBbAeI
RT @OKEx: ERC20-based Tether (USDT-ERC20) Deposits and Withdrawals Now Supported
https://t.co/mWALYZ6fRg
BTC Dominance: 55.6%
ETH Dominance: 9.8%
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