All Cryptos > Tether (USDT)
USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform.
there are low to no fees, differentiation when compared to other pegged proposals
The price of Tether is fixed against the USD, so this makes it a convenient 'safe haven' to trade your crypto's.
audit results are not shared and further detail on how the liabilities are managed are not present
In order to use the tether.to wallet it is required to get verified. Creating a large hurdle to adoption of this wallet based on the number of steps required and lost of anonymity.
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