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Title: Could someone explain with the Tether Coin / Dollar is? Post by: squatz1 on April 19, 2017, 10:35:02 AM I've seen it on many sites and even referenced here in a couple of posts but have no clue what it is in the least and it's price points seems to stick around the $1.00 to .9999 mark which would seem to say that it's tethered to the $1 mark in USD but I have no clue how it's used at all.
Enlighten me and thank you all Title: Re: Could someone explain with the Tether Coin / Dollar is? Post by: RocketSingh on April 19, 2017, 10:39:32 AM Please check https://tether.to
Title: Re: Could someone explain with the Tether Coin / Dollar is? Post by: sp_skeptic on April 19, 2017, 11:53:54 AM Please check https://tether.to/legal. If that doesn't scare you off Tether I don't know what would.
Title: Re: Could someone explain with the Tether Coin / Dollar is? Post by: udecker on April 20, 2017, 06:04:49 PM I've seen it on many sites and even referenced here in a couple of posts but have no clue what it is in the least and it's price points seems to stick around the $1.00 to .9999 mark which would seem to say that it's tethered to the $1 mark in USD but I have no clue how it's used at all. Enlighten me and thank you all Hey squatz1, You can check out the Tether white paper at https://tether.to/wp-content/uploads/2015/04/Tether-White-Paper.pdf It explains the method by which the USD₮ tokens are pegged to the 1:1 fiat currency reserve. Craig Title: Re: Could someone explain with the Tether Coin / Dollar is? Post by: ePesoInitiative on April 20, 2017, 06:54:50 PM Omni asset backed by a reserve of dollars. Tether like the name says, is pegged to the $1 value of BTC.
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