What are Tether tokens and how do they work?
Tether tokens are assets that move across the blockchain just as easily as other digital currencies but that are pegged to real-world currencies on a 1-to-1 basis.
Tether tokens are referred to as stablecoins because they offer price stability as they are pegged to a fiat currency. This offers traders, merchants and funds a low volatility solution when exiting positions in the market.
All Tether tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by Tether’s reserves.
As a fully transparent company, we publish a record of the current reserve assets.
How are Tether tokens Issued
More stability, more growth
Tether tokens have grown in popularity over the past few years, with a market cap of over US$77 billion (as of December 2021). Tether tokens allow customers the ability to transact across different blockchains, without the inherent volatility and complexity typically associated with digital tokens.
Blockchain ready
Tether tokens exist as digital tokens built on various blockchains including Algorand, Ethereum, EOS, Liquid Network, Omni, Tron, Bitcoin Cash’s Standard Ledger Protocol, and Solana. Therefore, issuance of Tether tokens is viable on various blockchains with varying capabilities depending on the transport protocol used.
New Tokens
Tether only issues new Tether tokens when they are requested and purchased by customers who have followed our strict KYC procedure.
The token that is disrupting the global financial industry
Tether for Individuals
Tether for Merchants
Tether for Exchanges
The token that is disrupting the global financial industry
Tether for Individuals
Tether for Merchants
Tether for Exchanges
Latest news
Understanding Tether's Peg and Reserves
Assurance Opinion Once Again Re-affirms Tether’s Reserves Fully Backed; Reveals Significant Reductions in Commercial Paper and Increase in U.S. Treasury Bills
- Consolidated total assets amount to at least US$82,424,821,101.
- The consolidated group’s consolidated assets exceed its consolidated liabilities.
- The consolidated group’s reserves held for the digital tokens issued exceeds the amount required to redeem the digital tokens issued.
- Consolidated assets show a significant average maturity reduction with focus on more short-term assets.
- Tether's Latest Assurance Opinion Reveals That Reserves Held Exceeds Liabilities
- https://tether.to/latest-assurance-opinion-confirms-tether-fully-backed/
- https://tether.to/assurance-opinion-apr-21/
- https://tether.to/assurance-opinion-mar-21/
Tether token
Tether supports and empowers growing ventures and innovation as a digital token built on multiple blockchains.