Change % (1H)
Change % (24H)
Tether (USDT) Historical Price & Volume Charts
What is Tether?
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.
Genesis Date: 2014-10-06
|Mkt. Cap||USD 4,028,486,153||Volume 24H||USD 19,655,547,626|
|Mkt. Share||1.38 %||Available Supply||4,018,746,638|
|Change % (1H)||-0.09 %||Max Supply||0|
|Change % (24H)||-0.37 %||Total Supply||4,270,057,493|
|Change % (7D)||-0.06 %||Proof|
|Algorithm||Upated: 10 hours ago|
Tether Historical Data
Tether (USDT) Reviews & Critics
If trade cryptocurrencies, you probably come across the most infamous stable coin : Tether (USDT). Tethers are pegged to the USD dollar and are used in many ....
- Unless you are a criminal or just have no morals you have to no reason to touch crypto. Reasons why you should avoid at all costs:1 The majority of crypto thought leaders and founders have criminal records and extreme views.2 The founder of bitcoin had some crazy views too and was too ashamed to even reveal himself. What if that means he was an employee of a rogue regime, or a programmer for a terrorist group, or had a long list of criminal records?3 A massive majority of the supply is owned by a tiny number of wallets with no known ownership. They could be a rogue regime, a terrorist group, child traffickers, a mafia, stinking rich people who want to be even more stinking rich, or all the above. In fact, we have quite a lot of evidence that the ‘all the above’ option is correct.4 Because the prices are clearly artificial with fake volume and very thin liquidity behind them.5 Because it isn’t a store of value or even useful unless you have power in this game.6 Because a portion of every transaction goes into the pockets of the Chinese regime who control most of the hash power. You should not be paying a transaction tax to that regime. It’s bad enough our consumer products are made there. It is highly likely that Bitmain and Binance are fronts for raising and laundering money for the Red Army.7 Because sites like Bellingcat have shown us terrorist, Nazis and Russian intel wallets. Why should I buy in and make these early holders wealthier? You should not be financing people who kill and oppress people. It’s bad enough we fund our own military complex, why should we fund other militaries, fanatics and spy agencies?8 Because they pump and dump on everyone who buys into a bull run. The only real winners are the criminals listed above. They may let a few normies win but in the long run when you give such monstrous people more wealth and power they will crush you sooner or later.SELL $BTC
- Power corrupt and absolute power currupts absolute, that why Tether without 3rd Party control is a bad idea.Just a matter of time they exist scam or get hacked or get sued to bancruptsy
- my opinion is no, tether is not scam
- what r u fucking want to tell us buddy? u r really believe in ur words?