Tether is a cryptocurrency which issues tokens under the banner of Tether Limited. It was originally called “Realcoin” and was a startup based in Santa Monica, founded by Brock Pierce, Craig Sellars and Reeve Collins. On October 6, 2014, the first token was issued and on November 20, 2014, the company was renamed to Tether by the CEO, Reeve Collins. Tether Limited is Tether Holdings Limited’s fully owned subsidiary situated in Hong Kong with its branch in Switzerland. It holds a value meant for mirroring the value of U.S dollar. The motto of the company was to introduce a cryptocurrency which is stable and can be used the way digital dollars are used. Tether coins serve as a replacement to the dollar on many exchanges and thus one of the popular stable coins. The company offers your cash into tokens or digital currency to tether the amount held by the coin to the value of national currencies. To digitize the cash, the application uses open blockchain technology like other cryptocurrency companies. But, it is backed by USD in a 100% ratio, unlike others.Do you need assistance for Tether? Check out Tether customer service number +1-844-516-5031 to fix common problems & issues.
The value of their reserves is published daily and exceeds the value of all tethers that are in circulation. The technology delivers great security in correspondence to meeting international standards. It allows business using exchanges, wallets, financial services, ATM’s and at the same time offers to store, receive and send tokens person to person throughout the globe.
As per 2018 records, Tether holds a place among the top 20 coins by market cap. Tether is widely used in many exchanges like Bitfinex, Omni, GoCoin, CoEx, etc. There concern that the user doesn’t get to verify the system fully which the company has shown via its documentation, audits and blockchain. The company although highly rated has some flaws which are listed below.
Keeping the concerns aside, Tether has a steady value which can be used in trade for many cryptos and major exchanges, and also offers liquidity to exchanges. Still, in case you face any concern you always call on the given Tether Customer Service number +1-844-516-5031 for assistance. They are there to provide you real time solution against any kind of problems you face regarding their product and service.
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