Tether

$USDT

$0.999774

0.21%

What is Tether?

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their s Read more

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.

What is Tether?

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The ide Read more

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.

Community Score

C 60
Follower
2,271,245 (#63)
0.05% 7D
Activity
34/100
3% 7D
Sentiment
Neutral
Follower
359,169 (#14)
0.35% 7D
Activity
34/100
3% 7D
Sentiment
Neutral
Follower
1,422,133 (#52)
0.1% 7D
Activity
61/100
3% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟡 Non-Organic Growth Detected

Temporary non-organic growth observed ( 03/24 ).

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Market Cap

$118.21B

Fully Diluted Valuation

$118.21B

Volume 24h

$27.47B

All Time High Jul 24 2018

$1 24.412%

ATH Circulating Supply

$118.23B

Total Supply

$118.23B

Max Supply

$0.00

All Time Low Mar 02 2015

$0.00 74.6838%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@Tether_to
#138 489,943 4.67 47.57
Coingecko
@Tether (USDT)
#14 359,169

Community Score

C 60

Tether's community is presently assigned a 'C' grade, showing a moderate level of follower interactions. It has a substantial follower base and and a stagnant growth. The community has an average activity level along with a predominantly neutral sentiment among its members.


Community Metrics

Followers
2.3M
Largest
Follower
Growth (30d)
+0.56%
Stagnant
Sentiment
0/100
Neutral
Activity
34/100
+3%
The key metrics for this community indicate stability and healthy engagement, with no anomalies detected.
Development 24 h 7 d 14 d 30 d
Price 0.21% 0.1% 0.15% 0.19%
Follower 0.13% 0.05% 0.18% 0.56%

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

2024-08-28 15:24
Tether and Rezo Money Collaborate to Promote Blockchain Education in Guinea Read more: https://t.co/BodR1CLO3j
16
Score 0

Tether

$USDT

$0.999774

0.21%

What is Tether?

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their s Read more

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.

What is Tether?

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The ide Read more

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.

Development 24 h 7 d 14 d 30 d
Price 0.21% 0.1% 0.15% 0.19%
Follower 0.13% 0.05% 0.18% 0.56%

Market Cap

$118.21B

Fully Diluted Valuation

$118.21B

Volume 24h

$27.47B

All Time High Jul 24 2018

$1 24.412%

ATH Circulating Supply

$118.23B

Total Supply

$118.23B

Max Supply

$0.00

All Time Low Mar 02 2015

$0.00 74.6838%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@Tether_to
#138 489,943 4.67 47.57
Coingecko
@Tether (USDT)
#14 359,169

Community Score

C 60
Follower
2,271,245 (#63)
0.05% 7D
Activity
34/100
3% 7D
Sentiment
Neutral
Follower
359,169 (#14)
0.35% 7D
Activity
34/100
3% 7D
Sentiment
Neutral
Follower
1,422,133 (#52)
0.1% 7D
Activity
61/100
3% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟡 Non-Organic Growth Detected

Temporary non-organic growth observed ( 03/24 ).

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

2024-08-28 15:24
Tether and Rezo Money Collaborate to Promote Blockchain Education in Guinea Read more: https://t.co/BodR1CLO3j
16
Score 0


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