tether explained

Provides liquidity in the crypto space by creating a token that is backed 1:1 to the USD and providing easy liquidity. Tether constitutes the first Bitcoin­based fiat­pegged cryptocurrencies in existence today. Tether is based on the Bitcoin blockchain, the most secure and well­tested blockchain and public ledger in existence. Tethers are fully reserved in a one­to­one ratio, completely independent of market forces, pricing, or liquidity constraints. Tether has a simple and reliable Proof of Reserves implementation and undergoes regular professional audits. Our underlying banking relationships, compliance, and legal structure provide a secure foundation for us to be the custodian of reserve assets and issuer of tethers. Our team is composed of experienced and respected entrepreneurs from the Bitcoin ecosystem and beyond. FOLLOW ME ON YOUTUBE www.youtube.com/channel/UCn1gfezSwuXLBOHQXH57tKg?view_as=subscriber BUY ME A COFFEE ❤️ https://www.buymeacoffee.com/5tyKnumMC SUPPORT AND DONATE TO THIS CHANNEL ❤️ https://streamlabs.com/cryptocruising/#/ SUPPORT AND DONATE TO THIS CHANNEL WITH CRYPTO ❤️ https://streamlabs.com/cryptocruising/#/crypto SUPPORT ME ON PARTEON ❤️ https://www.patreon.com/cryptocruising ECOMI crypto currency wallet ➡️ http://wallet.ecomi.com?rfsn=1988213.df5697 LIVE STREAM & RECORD WITH SLOBS FREE DOWNLOAD ➡️ https://streamlabs.com/slobs/d/7580538 CRYPTO MERCH ➡️ http://streamlabs.com/cryptocruising/#/merch ➡️ https://shop.spreadshirt.co.uk/crypto-cruising FOLLOW MY SOCIAL MEDIA Twitter. https://twitter.com/cruisingcrypto PLEASE REMEMBER SOME OF THESE PODCASTS WHERE MADE EARLIER ON IN THE YEAR . FIGURES AND PRICES MAY DIFFER TO NOW. Disclaimer: Some of these links are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you. I am not a professional financial adviser. All investments you make are of your own. Do your own research