Tether

Tether

Tether (USDT) is the most widely integrated digital-to- fiat currency today. Store, send, and receive SLP-based tether with your SLP enabled wallet.

Tether converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the offshore Chinese yuan. Every tether is always 100% backed by reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). Every tether is also 1-to-1 pegged to the dollar, so 1 USD₮ is always valued by Tether at 1 USD.

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