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Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [3] [4]As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves.
USDT, the ticker symbol for the Tether stablecoin cryptocurrency; United States Department of the Treasury; Ultra-slim desktop, a computer formfactor used by Hewlett-Packard, see HP business desktops; University of Science and Defense Technologies, an Iranian research institute of the Malek-Ashtar University of Technology
The most popular stablecoin is Tether (USDT). What Is Tether? Tether is a blockchain-based cryptocurrency that is backed by the U.S. dollar. This means there are actual dollars kept in reserves at ...
The token will need to compete with stablecoins from Tether and Circle, which already secure about 90% of the market. ... “I don’t see the need for another USD-pegged coin,” Jeffrey Leavitt ...
USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
Tether issues a stablecoin, also called Tether or USDT, which is designed to maintain a constant value of $1 and is widely used in crypto-to-crypto trading. It has grown rapidly in recent years ...
In its latest attestation, the stablecoin giant reported $2.85 billion in profit and excess reserves of $5.4 billion.
usd [1] US$1 = Dhs 3.6725 The Arab Emirates Dirham ( / ˈ d ɪər ( h ) ə m / ; [ 2 ] Arabic : درهم إماراتي , abbreviation : د.إ in Arabic , Dh (singular) and Dhs (plural) or DH in Latin ; ISO code : AED is the official currency of the United Arab Emirates .