Tether

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About Tether:

Tether is crypto (actually token) called “stablecoin” – its value has a reflection in value of fiat currency or even to precious metals – in this case, to U.S. dollar. Therefore, USDT price is around worth $1.

Tether was introduced in 2014. This project has one mission – converting cash into digital currency based on the US dollar, the Euro and even Japanese the Yen. Due to the fact that USDT is a token, there hasn’t a block time, but there is time to confirm the transaction – usually up to 5-10 minutes.

On 27th May 2017, Tether had its own ATH (All-Time High price), which was equal to 1,21 USD.

Tether (USDT) is a cryptocurrency whose value is reflecting the value of the US dollar. USDT has been introduced to the cryptocurrency market as a “stable” currency that will be used as digital dollars.

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Resources:

Official website: https://tether.to/
Whitepaper: https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf
Source Code: https://github.com/shipshapecode/tether

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