Tether Price Prediction and Forecast: Tether Wins Court Case
Tether is the world’s third-biggest digital coin by market value. Currently, the exchange price of Tether is $0.99 which 0.11% is lower than the last 24 hours price.
Tether Price Prediction and Forecast: Technical Analysis for 30th September
Tether Price Prediction and Forecast: Future Price of Tether
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Tether Price Prediction and Forecast: What is Tether?
Tether is a stable cryptocurrency, unlike other cryptos which are volatile and change largely as per the market. Tether was in fact designed to be as par with a dollar value. Often investors buy Tether to purchase other cryptocurrencies. However, it is still unclear of Tether having enough dollar reserves to justify its dollar peg.
Tether Price Prediction and Forecast: Tether History (Source: Wikipedia)
Tether was first published online in January 2012. However, the precursor to Tether, originally named “Realcoin”, was announced in July 2014 by co-founders Brock Pierce, Reeve Collins, and Craig Sellars as a Santa Monica based startup. The first tokens were issued on 6 October 2014, on the Bitcoin blockchain.
On 20 November 2014, Tether CEO Reeve Collins announced the project was being renamed “Tether.” In January 2015, the cryptocurrency exchange Bitfinex enabled trading of Tether on their platform. Tether issues tokens on bitcoin (Omni and Liquid Protocol), Ethereum, EOS, Tron, Algorand, SLP and OMG blockchains.
More than $500 million of Tether was issued in August 2018. In May 2021, there were 59.9 billion USDT in existence; this climbed to 63 billion in August 2021. New tokens are not mined but minted by Tether Ltd.
Tether Price Prediction and Forecast: Latest News (30th September)
- Tether scores win in class action case as court dismisses RICO claims
- Tether Fraud, Antitrust Case Advances Against Issuers, Exchanges
- How Tether (USDT) Changed The Way We Look At Cryptocurrencies
- Bitfinex paid a colossal $23M fee to send $100K of USDT
- Pro-Crypto Senator Lummis Says Stablecoins Need To Be Backed By Cash