Tether Holdings operates a platform to store, send, and receive local currency person to person globally.
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About Tether Stock
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.
JL Van der Velde
Chief Strategy Officer
Chief Compliance Officer
Chief Financial Officer
Forbes - Sep, 24 2019Bitfinex And Tether Win Stay In $900 Million New York Supreme Court Case
TechCrunch - Nov, 21 2017Tether, a startup that works with bitcoin exchanges, claims a hacker stole $31M
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