Tether is one of the oldest cryptocurrencies on the market and was launched in December 2014 by the Bitfinex founders. Previously called RealCoin, the company behind the cryptocurrency decided to change the name of the crypto to become Tether while changing the vision behind it. The tether-dollar is a currency known as crypto-dollar. A tether-dollar is by definition worth a dollar and represents one of the least known categories on the market, the stable coins. The basic principle is relatively simple as everything is based on a balance between the total amount of USD present on Tether's account and the number of USDT in circulation.
This data was last updated 2020-10-28 08:41:06 UTC