Tether
The company issuing USDT, a leading USD-pegged stablecoin, focused on blockchain-based financial solutions.
What is Tether?
Tether Limited, based in Hong Kong, is the issuer of USDT, the most widely used stablecoin in the digital asset ecosystem. Founded in 2014, Tether aims to bridge traditional finance and blockchain by offering digital assets like USDT, pegged 1:1 to the USD, and other tokens like Tether Gold (XAUT). The company has faced criticism over reserve transparency but collaborates with regulators and law enforcement to monitor transactions and combat illicit activity, leveraging tools like Chainalysis for real-time compliance. Tether’s dominance stems from USDT’s liquidity and widespread adoption across exchanges and DeFi platforms.
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