Tether USDT

 

Tether USDT

• Tether is a stable coin that uses fiat money as collateral. Users can request the issuance of USDT by transferring fiat money to the issuer. According to Tether, USDT is pegged one-on-one with fiat money, and its value is guaranteed by Tether reserves. You can check financial reports related to the status of the reserves through Tether's website.

 

 

UP-BIT

 

 

First issue	2014.10.	Total issue limit	Unprovided
market capitalization		Current Distribution
As of June 11, 2024 (Courtesy of Coin Market Cap)	155.0 trillion won	As of June 11, 2024 (Courtesy of Coin Market Cap)	112,496,265,357
As of June 11, 2024 (Courtesy of CoinGecko)	154.9 trillion won	As of June 11, 2024 (Courtesy of CoinGecko)	112,496,265,357

 

 

Tether feature

1. USDT is a fiat-backed stablecoin that uses U.S. dollars for the issuance and collection of coins.
2. USDT says it is a fiat currency and a one-on-one pegged asset that is 100% secured in value through its reserves.

 

Tether future

• Currently, many digital asset exchanges are widely used in the digital asset market by supporting USDT transactions. Stable coins such as USDT are expected to form a base market that is used for payment, remittance, and loans of digital assets in the future.