Why use Tether?

Launched in 2014, Tether tokens (USD₮) pioneered the stablecoin model and are the most widely traded. Tether tokens offer the stability and simplicity of fiat currencies coupled with the innovative nature of blockchain technology, representing a perfect combination of both worlds.

Whether it is for personal use or business purposes, Tether tokens offer many
benefits as the most stable, liquid and trusted stablecoin.
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Multiple blockchains support

Tether tokens are built on multiple blockchains—offering easy integration and adoption. Supported blockchains are Bitcoin (Omni & Liquid protocol), Ethereum, TRON, EOS, Algorand, Solana, and Bitcoin Cash (SLP).
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Unparalleled liquidity

Tether tokens are among the most traded tokens in terms of daily volume, offering unequalled liquidity.
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Widespread Adoption

From exchanges and digital wallet apps to decentralised finance (DeFi) protocols and payment services, Tether tokens offer a smart alternative to fiat gateways.
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100% backed by Tether’s reserves

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. The reserves match or exceed the amount required to redeem all Tether tokens in circulation.
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Fully transparent

Tether tokens’ issued and reserve assets are publicly available and updated.
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Available in different currencies

Tether supports US dollar (USD), euro (EUR), Mexican Peso (MXN), and offshore Chinese yuan (CNH). Represented by ₮, Tether tokens are denoted as USD₮, EUR₮, MXN₮, CNH₮.
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Regulatory-compliant

Tether maintains world-class standardised compliance measures for anti-money laundering (AML), countering the financing of terrorism (CFT), sanctions, and know your customer (KYC) laws and regulations.
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Best-in-class customer support

A highly-trained customer support team is ready to help you 24/7.

The token that is disrupting the global financial industry

Tether for Individuals

Tether tokens offer exceptional liquidity on tier one exchanges giving traders the ability to take advantage of arbitrage opportunities in the fastest time possible.

Tether for Merchants

For merchants, integrating Tether tokens opens up an array of opportunities for consumers to purchase products and services.

Tether for Exchanges

Tether tokens play a pivotal role in the digital token ecosystem and are the most actively traded in terms of 24-hour volume.

The token that is disrupting the global financial industry

Tether for Individuals

Tether tokens offer exceptional liquidity on tier one exchanges giving traders the ability to take advantage of arbitrage opportunities in the fastest time possible.

Tether for Merchants

For merchants, integrating Tether tokens opens up an array of opportunities for consumers to purchase products and services.

Tether for Exchanges

Tether tokens play a pivotal role in the digital token ecosystem and are the most actively traded in terms of 24-hour volume.

Latest news

Tether
Tether USD₮ Reaches All-Time High, Surpasses Previous Market Cap High of $83.2B

1 June, 2023 – Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, has surpassed its previous all-time market cap high of $83.2B set in May 2022.

“Today’s numbers demonstrate that people want access to financial freedom, and when given that access, they will make use of it,” said Paolo Ardoino, CTO of Tether. “Tether tokens offer a safe harbor for the unbanked and allow people in emerging markets to keep their buying power, even when their national currency is being devalued. Between our battle-tested resilience in the face of market volatility and our industry-leading transparency practices, Tether has proven that it can be trusted, and customers are responding in kind. We are eager to continue maintaining our laser focus on emerging markets and will not waver in our efforts to expand access to financial freedom globally.”

Tether has solidified its position as the preeminent stablecoin and pioneer for financial freedom and innovation. Since its creation in October 2014, Tether's USD₮ stablecoin has become the most traded cryptocurrency, surpassing all rival offerings together. Tether combines the benefits of digital currency, such as instant global transactions, with the stability of traditional currency. With a commitment to transparency and compliance, Tether provides a fast and low-cost way to transact with money.

Tether's recent attestation further demonstrates its commitment to transparency and highlights its work in emerging markets as a safe haven from volatile markets. Moreover, Tether's Q1 performance has been remarkable, reporting a net profit of $1.48B, which has significantly bolstered its reserves. With approximately 85% of its investments in cash, cash equivalents, and other short-term deposits, along with a 20% increase in token supply quarter over quarter and ~2.5B in excess reserves (on top of the 100% minimum reserves), Tether has unquestionably established itself as a trustworthy entity with an extremely optimistic year ahead.

Tether remains committed to providing financial freedom and innovation to users worldwide, particularly in emerging markets. As a trusted stablecoin, Tether continues to lead the way in transparency, resilience, and accessibility to secure and stable digital currency.

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Tether Expands Its Presence in Georgia with Investment in CityPay.io
Tether Expands Its Presence in Georgia with Investment in CityPay.io

May 31, 2023 - Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, announced today its increased presence in Georgia with an investment in CityPay.io, a leading payment processing company, active in over 600 locations across the country including shops, hotels, restaurants and more.  

Georgia is currently seeing rapid growth and interest in cryptocurrency, including increased demand for crypto payment options. It is one of the most crypto-friendly countries in the world, with 2.89% of Georgians owning some form of cryptocurrency. Crypto ATMs are easily accessible to users in most cities, with a total of 130 ATMs situated across the country. In July 2022, a study by Forex Suggest ranked Georgia fourth, on a list of the most crypto-ready nations in the world. 

CityPay.io offers a seamless payment experience to customers of Wendy’s and Radisson Hotels, among hundreds of others. By investing in CityPay.io, Tether aims to bring greater efficiency and convenience to the payment industry in Georgia.

Tether is the first stablecoin to invest in CityPay.io, marking an important milestone for the payment processing industry. This investment will enable CityPay.io to expand its operations and improve its services, ultimately benefiting customers across Georgia and CIS.

"We are excited to be working with CityPay.io to bring greater innovation and efficiency to the payment industry in Georgia," said Paolo Ardoino, Chief Technology Officer at Tether. "Tether is committed to supporting companies that share our vision of building a more connected and accessible financial system. This investment in CityPay.io is an important step towards achieving that goal."

"We are thrilled to be joining forces with Tether," said Eralp Hatipoglu, CEO of CityPay.io. "Their investment will enable us to accelerate our growth and bring our services to more customers across Georgia. We look forward to working closely with Tether to bring greater innovation and efficiency to the payment industry."

Tether's investment in CityPay.io is the first step in the company's expanded presence in Georgia. Tether is committed to bringing greater innovation and efficiency to the payment industry in the state and looks forward to announcing further initiatives in the near future.

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Tether token

Tether supports and empowers growing ventures and innovation as a digital token built on multiple blockchains.

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