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Tether Stock (TETE)

Tether Holdings bridges the gap between traditional finance and crypto. Their stablecoin, USDT, is pegged 1:1 to fiat currencies like USD and EUR, which they claim offers price stability without sacrificing the speed and security of blockchain transactions. This helps businesses to seamlessly integrate digital payments into their operations, facilitating global transactions with minimal fees.

Tether Holdings operates a platform to store, send, and receive local currency person to person globally.

About Tether Stock

Industries

Software, Data and Analytics, Artificial Intelligence

Tether Holdings operates a platform to store, send, and receive local currency person to person globally. Tether is a token backed by actual fiat currency assets, including USD, Euros and, soon, Japanese Yen. One Tether equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account. Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies. Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat-backed tokens on blockchains. By leveraging Blockchain technology, Tether allows you to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives.

Tether Management

Leadership team at Tether

CEO

JL Van der Velde

Chief Strategy Officer

Philip Potter

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There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.

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