Cryptocurrency Q&A
Can Tether USDT be traced?
Can Tether USDT be traced?
Thu Jan 09 2025
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6
answers
1651
The traceability of Tether USDT depends on the utilization of blockchain technology and cooperation with companies specializing in blockchain analysis, such as Chainalysis. Through such collaborations, Tether aims to enhance transparency and security in the crypto market by tracking USDT activities in the secondary market.
6 answers
Sat Jan 11 2025
According to the document, Tether has the capability to create and destroy USDT.
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Sat Jan 11 2025
Tether's White Paper reveals an important aspect of its functionality.
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Fri Jan 10 2025
Furthermore, the transactional history of USDT is publicly audited.
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Fri Jan 10 2025
This means that Tether can issue new tokens and also remove them from circulation.
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Fri Jan 10 2025
Another key feature highlighted in the White Paper is the ability to track each individual USDT token.
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