Tether USDT Tether USDTLooking for Tether? Find USDT Price, Exchanges, Reviews, Chart, Historical Data & USDT Marketcap
USDT
Rank 7
Token Omni
Tether (USDT) Ranked 7 in Coin Market Daddy Currencies Index. Tether (USDT) price is $1.02. It has a current circulating supply of 4,049,107,372 USDT and a Marketcap of $4.13B. Today Tether price is down (-0.02%). $4.68M 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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RT @paoloardoino: Nice non-clickbait-article about @Tether_to https://t.co/FAHZLqzDyO . Good job @BTCTN !
Statement in response to Justice Joel M. Cohen’s order
https://t.co/pY82xSFgge
Tether is moving 275m Tether USDt as part of its Omni authorized but not issue pool to the issuance address in orde… https://t.co/if1isjiIvZ
RT @BittrexExchange: Update: We are swapping our implementation of Tether from the Omni network to the Ethereum network, resulting in movem…
RT @paoloardoino: . @Tether_to is working with an exchange to perform a swap from Omni to ERC20 of part of its USDt cold wallet.
BTC Dominance: 68.9%
ETH Dominance: 7.7%
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