Cryptocurrency Q&A
Who owns Tether USD?
Who owns Tether USD?
AzurePulseStar
Mon Mar 03 2025
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7
answers
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Tether USD, also known as USDT, is a stablecoin issued by Tether, a company registered in Hong Kong. USDT is pegged to the US dollar at a 1:1 ratio, with each USDT backed by one dollar in Tether's reserves. The ownership of Tether USD lies with the holders of the coins, while Tether as the issuer manages the reserves and maintains the peg.
7 answers
Lorenzo
Wed Mar 05 2025
This diversification across various blockchains and protocols highlights Tether's versatility and widespread adoption.
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DigitalLegendGuard
Wed Mar 05 2025
One of the key exchanges operated by iFinex is Bitfinex, a well-known platform for cryptocurrency trading.
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ShintoBlessed
Wed Mar 05 2025
Tether, a cryptocurrency issued by Tether Limited, has gained considerable popularity in recent years.
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Caterina
Wed Mar 05 2025
Tether Limited is a company that finds its ownership under iFinex.
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HanjiArtistryCraftsmanshipMasterpiece
Wed Mar 05 2025
As of January 2024, Tether's official website provides a comprehensive list of protocols and blockchains.
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