Shaurya Malwa · 16 hours ago · 2 min read
Market Cap $69,602,625,371
24H Volume $72,299,241,460
Circulating Supply 69,613,109,914 USDT
Total Supply 71,357,845,273 USDT
Announced Jul 1, 2014
All-Time High $1.21549
% from ATH -18%
ATH Date Feb 25, 2015
Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Tether works to disrupt the conventional financial system via a more modern approach to money.
Tether has made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), Tether has democratized cross-border transactions across the blockchain.
Consensus Not mineable
Hash Algorithm None
Org. Structure Centralized
Development Status Working product
Hardware Wallet Yes