About Tether (USDT) Coin Tether price today is $ with a hour trading volume of $52,,, USDT price is down % in the last 24 hours. It has a circulating supply of 21 Billion USDT coins and a max supply of Billion. Tether allows users to store, send, and make purchases with a form of digital currency – digital tokens called tethers – that are fully backed by US dollars on deposits from customers. In other words, each “Tether” you buy – like a US Dollar Tether or USDT – is a digital representation of $1 USD held in Tether’s account. The focus on Tether reserves is a notable one, given the long scrutiny directed toward the firm and its USDT stablecoin. Critics alleged that the token, with its more than $2 billion market cap, was not actually backed by sufficient funds as claimed by its operators.
Bitcointalk tetherBitfinex Covered $ Million Loss Using Tether Funds, NY Prosecutors Allege - BitcoinTalk
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Counsel did not suggest what if any. Nor did counsel suggest that this transaction would be disclosed to the public. This transaction was made because the prior exchange or assets was converted into a line of credit secured by the DigFinex shares. On the contrary, we have been informed that these Crypto Capital amounts are not lost but have been, in fact, seized and safeguarded. We are and have been actively working to exercise our rights and remedies and get those funds released.
Both Bitfinex and Tether are financially strong — full stop. Post Sun Jun 30, pm There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send. Post Sun Jun 30, pm Using Bitcoin allows you to offer the highest level of transparency since you can provide information to verify balances and transactions through the block chain.
Post Mon Jul 01, am Additionally, most of these APIs allow you to process invoices and exchange your bitcoins into your local currency at competitive costs. Post Mon Jul 01, am Bitcoin allows you to design new and creative online services that couldn't exist before due to financial limitations.
Post Mon Jul 01, am Bitcoin does not require merchants to change their habits. Transparency update. Proof of funds. Get the joint benefits of open blockchain technology and traditional currency. Stable Currency Tether converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the offshore Chinese yuan. Transparent The value of our reserves is published daily.
Blockchain Technology The Tether platform is built on top of open blockchain technologies, leveraging the security and transparency that they provide. Widespread Integration Tether is the most widely integrated digital-to- fiat currency today. Money built for the internet. Offer your services in a variety of digital currencies Price goods and services in a currency your customers are familiar with Reduce operating costs and times by bypassing financial institutions.
Use tether as an alternative to traditional currency deposit and withdrawal methods Secure and manage customer assets purely through crypto-processes, including multi-sig Settle fiat balances between exchanges much easier and in real-time.
Seamlessly move currency between exchanges and wallets Enhance your cross-exchange and currency arbitrage strategy Be the custodian of your own funds and eliminate exchange custodial risk.