cryptolinkbase.com
Cryptocurrency and Blockchain Knowledge Directory.
Category: Stablecoins -> Stablecoins Home Sites
Type: homesite
Centralized Stablecoin issued by the Hong Kong company Tether Limited on decentralized networks. In February 2022, total market capitalization makes Tether the third largest cryptocurrency - if you can even call it that - right after Bitcoin and Ethereum. Supported blockchains are Bitcoin (Omni & Liquid protocol), Ethereum, TRON, EOS, Algorand, Solana, OMG Network, and Bitcoin Cash (SLP). The promise is: "All Tether tokens are pegged at 1-to-1 with a matching fiat currency (eg, 1 USD â?Ž = 1 USD) and are backed 100% by Tether's reserves. The reserves match or exceed the amount required to redeem all Tether tokens in circulation. "
