A detailed description and exchange rate of Bitcoin Tether (USDT)

 Tether (USDT) Stablecoins, USD Stablecoin 


Curculation 16660305887.6767 из 10166574840 USDT

Top exchanges by trading volume USDT

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Description

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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.

Rating Tether

Rank by rate  CoinMarketCap: 3

Rank by rate  CoinGecko: 139.

Evaluation of communication (points): 11,833

Common Assessment Points: 0

Evaluation of the design (points): 0

Assessment of the liquidity (points): 101,871

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Useful links and additional information

Courses, exchanges, trade USDT

Blockchain, hashrate, mining USDT

Events USDT

Official website USDT: https://tether.to/ 

Block explorers TETHER: blockchair.com  www.omniexplorer.info  etherscan.io  usdt.tokenview.com  tronscan.org 

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  •  25 сен 2020 10:01
  •  10 184 888 320 USDT