USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of dollars in reserves that is equal to the number of USDT in circulation.

Realcoin Rebrands as ‘Tether’ to Avoid Altcoin Association

Realcoin has officially announced it will rebrand as ‘Tether’ as it opens for private beta. First revealed in July, the Isle of Man and Hong Kong-based company said the name change is an attempt to better express its true functionality as a crypto 2.0 project that uses tokens to move currencies over the blockchain. Speaking to CoinDesk, CEO Reeve Collins emphasized this li...[Read More]

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