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Contract address: 0xdac17f958d2ee523a2206206994597c13d831ec7
FinanceStablecoin
Vision: Providing simplicity of fiat currencies coupled with the innovative nature of blockchain.
Tether was created in 2014 by iFinex, the company that also owns the cryptocurrency exchange Bitfinex. Tether issuing different pegged stable coins, Tether tokens are built on multiple blockchains, offering easy integration and adoption. Supported blockchains are Bitcoin (Omni and Liquid protocol), Ethereum, TRON, EOS, Algorand, Solana, Polygon, and Bitcoin Cash (SLP).
Tether tokens can be used for Transactions, including buying and selling cryptocurrencies from Centralised exchanges (CEX) as well as Decentralized exchanges (DEX). Tokens can also be redeemed for liquid cash. All Tether tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by Tether’s reserves. The reserves match or exceed the amount required to redeem all Tether tokens in circulation.
Tether maintains world-class standardised compliance measures for anti-money laundering (AML), countering the financing of terrorism (CFT), sanctions, and know your customer (KYC) laws and regulations.
Tether is backed by a strong financially experienced team, CEO is A technologist and serial entrepreneur, Jean-Louis amassed 30 years of experience in the international high tech industry followed by a gradual move towards international finance and Fintech. JL van der Velde is the Chief Executive Officer of Tether. He has over 20 years of experience in the financial services industry, and he has held senior positions at several banks and financial institutions. Giancarlo Devasini is the Chief Financial Officer of Tether. He has over 15 years of experience in the financial services industry, and he has held senior positions at several banks and financial institutions. Paolo Ardoino is the Chief Technology Officer of Tether. He is a software engineer with over 10 years of experience in the blockchain industry, and he has held senior positions at several blockchain companies.
The Tether team is based in the British Virgin Islands. The company has also offices in Hong Kong and the United States.
USDT Token is a 1-1 pegged to USD
The USDT Token is the most widely used Tether token issued by Tether.
USDT Token is Being traded is several CEXs and DEXs.
EURT Token is a 1-1 pegged to EURO
EURT Token is Being traded in several CEXs, such as Bitget, MEXC, KRAKEN and OKX
The XAUT token is a gold-backed token. 1 XAUT Token is equal to 1 fine troy ounce of gold. A gold ounce is equal to 31.1 grams of gold.
XAUT Coin is being traded in several CEXs, such as Bitget, MEXC, and OKX as well as Bitfinex.
The MXNT Token is a 1-1 pegged to Mexican peso
The MXNT Token is supported and being traded in Bitfinex
The CNHT Token is a 1-1 pegged to Chinese yuan
The CNHT Token is supported and being traded in Bitfinex
$20K was raised in the Seed round by Techstars
Total reported funding: 20K
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