What is Tether?

  Tether is a cryptocurrency developed as a proxy for the US Dollar i.e. the value of Tether is designed to be one dollar and can thus be used as a digital dollar. Some of the popular cryptocurrency exchanges use Tether as a dollar replacement on their trading platforms.     According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses…

Read More