Review on Tether by Eve Vallenilla

Since the invention of the first digital currency, there has been fear due to the volatility that its value represents in the global asset market. This problem is very common among many cryptographic protocols.

As a preventive measure against this devaluation, the founders of Tether designed a digital currency protected from market instability by linking it to an asset of stable value. In this case, one of the most quoted and stable FIAT currencies on the world market, such as the United States dollar (USD).

This measure not only protects the value of the digital asset against changes in the asset market, but also guarantees currency holders the possibility of facing many business opportunities for investment in the crypto world and FIAT, worldwide.

The Tether platform generates tranquility among the community of users of the currency due not only to the stability of its protocol but also to the transparency of the issuance process of these assets, which guarantee the audit of the reserves that serve as support.

This audit process also makes it possible to avoid inflation in the issuance of the currency, since it serves to determine the amount of tokens to burn in relation to the supply that must exist in the market.

Another of the great advantages that the Tether coin has, in addition to its stability, is the economics of its asset management, since the commissions for the use of the network to execute transactions are almost nil.

This information is quite valuable to traders and investors who trade a large basket of crypto protocols and currencies on multiple exchanges.

Tether tokens are available on many exchanges, can be purchased with FIAT USD currency, and are compatible with one of the most popular protocols and wallets on the market: ERC-20.

Tether not only facilitates trading management but also the economics of managing your digital assets and their stability in the stock market.