Cryptocurrency Q&A
What company is the mother of USDT?
What company is the mother of USDT?
NebulaPulse
Tue Dec 31 2024
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5
answers
1339
I am trying to find out which company is responsible for creating or issuing USDT, often referred to as the 'mother' of USDT.
5 answers
SejongWisdomKeeperElite
Wed Jan 01 2025
Tether is the issuer of USDT, a company with a significant presence in the cryptocurrency market.
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DondaejiDelightfulCharmingSmileJoy
Wed Jan 01 2025
USDT is classified as a stablecoin, which indicates its value remains relatively stable.
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Carlo
Wed Jan 01 2025
iFinex, a Hong Kong-registered company, owns Tether. Interestingly, iFinex also owns BitFinex, a prominent crypto exchange.
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ethan_thompson_journalist
Wed Jan 01 2025
The value of USDT fluctuates in tandem with the U.S. dollar, providing a stable alternative to volatile cryptocurrencies.
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Andrea
Wed Jan 01 2025
The stability of USDT is supported by Tether's dollar reserves, which act as a backing mechanism.
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