DescriptionLaunched in 2014, Tether tokens pioneered the stablecoin model. Tether tokens are pegged to real-world currencies on a 1-to-1 basis. This offers traders, merchants and funds a low volatility solution when exiting positions in the market.
Category:fiat-backed
Minting and RedemptionTether customers who have undergone a verification process can exchange USD for USDT and redeem USDT for USD.
Tether (USDT)