Review on Tether by Bünyamin Sevinç
Tether
In my article today, I will talk about another crypto project, Tether.
Tether is a stablecoin pegged to the US dollar.
I can say it is the first big stablecoin in the market.
Maintaining a dominant share of the stock market transaction volume is also the biggest factor.
These stablecoin hundreds of crypto assets are traded against USDT. It can be found on almost every cryptocurrency exchange outside the US.
I can say it is a very popular choice among Asian-based crypto investors.
Best market liquidity in BTC / USDT pairs on international exchanges such as Binance, Okex, and Huobi.
As you know, USDT local blockchain was traded on Omni. I can say that USDT is also included in the Ethereum blockchain.
However, I can say that Tether has been a topic of discussion for governments and financial regulators for a long time. You should be aware that it is entirely possible that Tether's legal issues will continue. However, this is not a factor that will overshadow Tether's success. Because Tether has survived charges of operating on a partial reserve for more than 5 years.
As a result, it still maintains its popularity and authority to become a dominant stablecoin. There are stablecoins such as USDC, TUSD and PAX, of course, but I think Tether is the best choice.
Reading and not reading
Pros
- Still dominant in transaction volume
- Available on every exchange and exchange with hundreds of crypto
- Has become global
- Best market liquidity on giant exchanges
- He has survived legal problems
Cons
- Not for now.
