release:2017-12-30 19:55:33 publisher:ZERO ONE EXCHANGE
The USDT distribution and transaction uses Omni (original Mastercoin) agreement, which is a 2.0 currency based on the bitcoin blockchain. USDT transaction confirmation and other parameters are consistent with bitcoin. Users can achieve USDT remitting USD through SWIFT to Tether's bank account or from exchange. Users may make reverse operation to redeem USD dollars. Users can also exchange bitcoin for USDT on exchanges.
Tether strictly abides by a 1:1 reserve guarantee that each one of its USDT tokens will have $1 guarantee in its bank account. Users can check their capital on the Tether platform to ensure transparency.
English name: Tether
English abbreviation: USDT
Developed by: Craig Sellar
Core algorithm: script
Release date: 01/07/2017
Block time: 600s/block
Monetary aggregate: 324,951,410
Main features: stable value tokens, 1USDT=1USD
Official website: https://tether.to/
Block query: https://blockchain.info/