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Tether USD

Contract address: 0xdac17f958d2ee523a2206206994597c13d831ec7

  • Chain: EthereumNetwork
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Project summary

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.

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Information

  • Launched: 19 June, 2014
  • Listed: 30 June, 2023
  • Headquarters: Hong Kong Island, Hong Kong
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Team
Members: No data
Advisors: No data

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.

Information

  • CEO: Jean-Louis van der Velde
  • CTO: Paolo Ardoino
  • CFO: Giancarlo Devasini

Services

Tether Dollar pegged coin
Tether Euro pegged coin
Tether Gold pegged coin
Tether Mexican peso pegged coin
Tether Chinese yuan pegged coin

Usd-Pegged Tether Token

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.

Euro-Pegged Tether Token

EURT Token is a 1-1 pegged to EURO

EURT Token is Being traded in several CEXs, such as Bitget, MEXC, KRAKEN and OKX

Gold-Pegged Tether Token

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.

gold.tether.to

Mexican peso-Pegged Tether Token

The MXNT Token is a 1-1 pegged to Mexican peso

The MXNT Token is supported and being traded in Bitfinex

Chinese yuan-Pegged Tether Token

The CNHT Token is a 1-1 pegged to Chinese yuan

The CNHT Token is supported and being traded in Bitfinex

Funding

    $20K was raised in the Seed round by Techstars

Total reported funding: 20K

The total reported funding for Tether is estimated. Values may be above or below recorded values.

* Report [email protected] in case of any missing data

Token metrics

Token name: Tether USD

Token symbol: USDT

Total supply: No fixed supply USDT

Circulating supply: USDT

Supply type: Inflationary
Minting feature: Non-mintable

Supported chains: Ethereum - BNB Chain - Avalanche - Polygon - Algorand

Token address: 0xdac17f958d2ee523a2206206994597c13d831ec7

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Tether tokens are classfied as Stablecoins, Stablecoins are not meant for investing
Tether US Logo

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Market capitalization
  • Tether Marketcap Not available
  • Tether Dominance of Total MarketCap
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