Tethered to Truth & Transparency

Until recently, to outsiders, the crypto industry was a space that was shrouded in secrecy and was difficult to understand.

But now, crypto is being discussed everywhere. From professional sports players endorsing crypto currency on TV, to Elon Musk sharing his passion for the space, and countless other public figures giving personal tips on how to get into the industry, the conversation is pervasive.

As crypto becomes more mainstream and Tether tokens make up more than half of the stablecoins in circulation today, people are more interested in us than ever. And with increased interest there is also an increased opportunity to educate people who aren’t familiar with the industry, the concept of a stablecoin, and the underlying reasons Tether has been so successful since 2014.

A recent study by Traders of Crypto found at least a quarter of the population lacks a basic understanding of our industry and what we do.

We understand that as our leadership in the market grows, so does our responsibility to provide education and information on crypto and how it works.

As people seek information, unfortunately, there continues to be inaccurate and incorrect information circulating about stablecoins. Setting the record straight is bigger than us; it’s about protecting the credibility of the cryptocurrency industry as a whole.

Here are the fundamental truths you should know about Tether today and into the future.

• TRUE: Tether will continue to lead the charge in fighting for more transparent, accessible, and democratic access to finance

• TRUE: Tethers will continue to be 100% backed by Tether reserves – redeemable by customers

• TRUE: We will continue to cooperate with regulators and law enforcement to weed out bad actors and return stolen property

• TRUE: Tether will always be designed for our customers, who continue to return to us and exponentially grow and expand their enterprises and our business

For more on the real truth about Tether – watch the video here.

And if these assertions aren’t enough for you, we also lead the industry when it comes to transparency commitments.

You can find our most recent quarterly assurance opinion and our Consolidated Reserves Report here. The report shows, like all previous reports, that all Tether tokens are fully backed by Tether’s reserves.

We are also charter members of the Blockchain Alliance, a public-private forum established to combat criminal activity on the blockchain, and we regularly work with regulators and law enforcement to counter bad actors.

As this industry continues to expand, we intend to be both vocal and available to provide the information you need to make informed decisions. With knowledge comes power, and we’re excited to help people understand how blockchain technology is poised to democratize and revolutionize the global financial system as we know it.

We encourage you to visit our website to learn more about Tether and how we work.