Question Details

	Username: Andrew Rating: Asked to: Apinya Kamon Date Created: 04 Sep 2018
Category	28
Tag	Financial
Question	Please give the definition of 'Tether (USDT)'.

Advice from Guru

Hi Andrew,

Tether is a blockchain-based cryptocurrency whose cryptocoins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar, the euro or the Japanese yen, which are held in a designated bank account. Tether tokens, the native tokens of the Tether network, trade under the USDT symbol.

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