18min chapter

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies cover image

'Is Tether's USDT Safe?' - Paolo Ardoino

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

CHAPTER

Exploring the Evolution of Tether

This chapter delves into the origins of Tether and its role in facilitating crypto trading by pegging the US dollar, emphasizing its importance in economies facing currency devaluation. It discusses the usage of USDT as a stablecoin, particularly focusing on its adoption on various blockchain networks like Tron and Ethereum. The conversation also highlights Tether's transparency, over-collateralization strategy, and its contrast to traditional banking practices.

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