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tether token

tether token

Tether Token is a blockchain based platform

  • Stable Coin
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Company Info

Tether Token is a cryptocurrency stablecoin that acts as a tool for many trading enthusiasts and investors who are looking to navigate the cryptocurrency market. As of now, 1 Tether (USDT) is equivalent to approximately 83.70 Indian Rupees.

  • Founders: Craig Sellars, Giancarlo Devasini, Philip G. Potter, Reeve Collins
  • Founded: 2014
  • Headquarters: Seattle, Washington, United States 

Key Features:

  • Be it for business use or personal use tether tokens are beneficial as the most stable, liquid, and trusted coin. 
  • Tether coins are widely accepted stablecoins that can be used to exchange for a different currency or exchanged for various goods at different vendors.
  • Tether tokens can be issued on various blockchain platforms including Ethereum, Solana, Algorand, and more.

FAQs

1. What are the use cases for Tether?

Payment for goods and services, DeFi participation, cross-border payments, and hedging against market volatility.

2. What are the benefits of using Tether Token?

Fast transactions, wide acceptance, price stability, and low transaction fees.

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HeadquartersHong Kong S.A.R.
Number of Employees working in the company11-50
Last updated annual revenue of the company$50000000 (2023)