1 Dólar = 1 TETHER
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Tether is the ideal option for those seeking to avoid the volatility of cryptocurrencies and agility in the commercialization of digital currencies, as their value is linked to fiat currencies, such as the dollar and the euro, for example.
Tether is a peer-to-peer (p2p) version of electronic money, which allows payments to be made all directly online, without going through a financial institution, in an encrypted blockchain network. Because it was developed on the Bitcoin platform, the USDT digital currency can be used exactly as Bitcoin is traded today.
Tether uses Proof of Reserves to create USDT, as opposed to Bitcoin which applies Proof of Work to mine new Bitcoins. Tether is more stable than other cryptocurrencies. For each USDT currency issued for circulation, the dollar-equivalent amount, at a 1-to-1 rate, is saved as a reserve at Tether Limited in Hong Kong.