1 Level
53 Review
-31.5 Karma
Review on Tether by Ana A
Stable currency
It is a conventional currency converted into tokens, which is backed by the USD dollar, it is centralized, since it is issued by centralized backups, since it is tied to the dollar it makes its fly equal to 1 = 1USD, however, this value decreased to $ 0.76 for each token during sharp declines. It is considered one of the most stable currencies. It is anchored to real coins.
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Pros
- It is considered one of the most stable with the best price, which attracts a lot of attention from new developers due to its anchorage in real currencies.
- It has generated enormous confidence motivated to use it for purchases around the world
- It is a 100% backed coin.
- Security, reliability, and liquidity in your transactions Β
Cons
- It is presumed that there is price manipulation by planners and organizers, which has caused the currency to lose credibility in establishments internationally.
- Being a backed currency has turned it into one more formal currency, so for many developers it is not worth taking into account. Β
