Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Tether works to disrupt the conventional financial system via a more modern approach to money. Tether has made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), Tether has democratised cross-border transactions across the blockchain.

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Coin’s Details

  • Market Capitalization

    $36.5 B

  • Volume 24H

    $85.9 B

  • Blockchain

    Omni

  • Circulating supply

    36 431 133 054

  • Total supply

    37 608 167 441

  • Proof type

    Proof of Work (PoW)

  • Algorithm

    Delegated Proof of Stake (DPoS)

  • Team Location

  • First announced

    Jul 1st, 2014

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