What is Tether (USDT) The Cryptocurrency Status !

Yugocean

Valued Contributor
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Tether was developed by Jan Ludovicus van der Velde on 2015, it was backed by US Dollar at a ration of 1 to 1, this is how it got a name.

Tether is written in unknown programming language, it is stablecoin but never audited. Hash function of this crypto is Omnicore and it utilizes on proof-of-work (POW) algorithm; symbol of Tether is ₮ and ticker is USDT.

Total supply of this crypto available is over 25 Billion, more than 24 Billion are currently circulating in the coin market. Many exchangers like Binance, OKEx, CoinsBit etc have USDT in their trading pairs list.
 
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