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What Is Tether (USDT)?


Tether (USDT) is a stablecoin, which is a type of cryptocurrency that actively works to keep its valuation stable through market mechanisms. It’s used by investors who want to hedge against the inherent volatility of their cryptocurrency investments while still keeping value inside the crypto market, ready to be used without hassle.

Tether is a fiat-collateralized stablecoin, which is a type of stablecoin that is backed by a fiat currency like USD, CAD, AUD, or even Yen (JPY). Tether was created to bridge the gaps between fiat currencies and blockchain assets while offering transparency, stability, and low fees for USDT users. Tether is pegged against the U.S. Dollar at a 1:1 ratio. There is no guarantee from Tether Ltd. for any right of redemption or exchange of Tether to USD. USDT cannot be exchanged directly for USD through the Tether company.

How does Tether (USDT) work?

Each Tether (USDT) issued is backed by one US dollar worth of assets. All Tether was initially issued on the Bitcoin blockchain via the Omni Layer protocol, but can now be issued on any chain that Tether currently supports. Once a tether (a single unit of USDT) has been issued, it can be used the same as any other currency or token on the chain that it has been issued on. Tether currently supports the Bitcoin, Ethereum, EOS, Tron, Algorand, and OMG Network blockchains.

[USDT] Balance: 105879652 satoshi

10000 satoshi every 5 minutes.



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Recent Payouts

DateAddressReward
28.03.2024-05:35:13
1BkM3csDouLBiYATDWH9SdPZxTSjmWWccc10000 satoshi
28.03.2024-05:33:39
1B66VKzruSLMu9BxgQeMBJv6RgQLFFsW2q10000 satoshi
28.03.2024-05:33:07
1JRR3ig7jUgSRHuRWZHyBdZWsV1CXXA7gC10000 satoshi
28.03.2024-05:31:38
179hU3QqjLteDfp6Ncb9CVbxTyxBg7UwUK10000 satoshi
28.03.2024-05:31:31
1HChLz8b1p7UkrvG6vPdMLnwimp2ERQtVx10000 satoshi
28.03.2024-05:26:53
17SU3R2wZbrx2hmL9MKcAtm27o4TL1t4E210000 satoshi
28.03.2024-05:26:05
1Q18m9TVGnJFcMYqTzkiqHSuVtp6Xk7R3m10000 satoshi
28.03.2024-05:24:11
1H4uGAcjMXLmXaLY2GqpQmv21GQqMrd5av10000 satoshi
28.03.2024-05:21:21
17JzBiULVuHd3qsDS7PQBvV2j4LP6FknTc10000 satoshi
28.03.2024-05:20:15
17DZHjdvZQ6rqcpWsHX32GvATVkQFWmxUd10000 satoshi

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