Introduction
USDT, also known as Tether, is a cryptocurrency founded by Tether Limited and issued on the bitcoin blockchain via Omni Layer. As the name suggests, each unit of USDT is tethered fiat currency and in this case, it is tethered to the U.S Dollar held in Tether Limited’s reserves at a 1:1 ratio.
This means that 1 USDT is equivalent to 1 USD.
USDT, just like any other coins, can be stored in wallets and used in transactions.
Official website: https://tether.to
Whitepaper: https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf
Statistics
| Tether Price as of 11 June 2019 | $1.01 USD |
| Market Cap | $3,299,227,819 USD |
| Total Supply | 3,470,057,493 USDT |
| Max Supply | No Data |
| All Time High | $1.21 USD on May 27, 2017 |
| All Time Low | $0.849809 USD on Feb 02, 2017 |
Courtesy of Coinmarketcap.com
How to get it?
USDT can be acquired on nearly any exchange. It is almost universally available on prominent (and even not so prominent) exchanges. It can be bought with both fiat currency and many cryptoassets.
How to buy, sell and trade Tether (USDT)?
The other way to get USDT is by buying it directly from Tether itself.
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