What is Tether (USDT)? Is the Interest Rate Too Good To Be True?
- June 3, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
What Is Tether? Tether is a blockchain-based cryptocurrency that is backed by the U.S. dollar. This means there are actual dollars kept in reserves at financial institutions serving as collateral. Stablecoins, when fully backed by the dollar, have a 1:1 relationship with USD. You can expect stablecoins to stay stable, as the name suggests, unlike their popular