Tether is a cryptocurrency coin whose tokens in circulation are backed by an equivalent amount of U.S. dollars, making it a stablecoin with a price pegged to USD $1.00. Tether Holdings Limited holds on its balance sheet cash and cash equivalents equal to the amount of USDT outstanding. Tether runs on multiple blockchains.
$1.00 +0.00 (0.01%)
As of 02/05/2023 16:31:00 EST
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