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Tether is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014.
As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves. In the second quarter of 2024, the company achieved profit of $1.3 billion, contributing to a total profit of $5.2 billion for the first half of the year. Tether Limited also disclosed a net equity of $11.9 billion, and the stablecoin's market capitalization exceeded $114 billion.
Tether faces criticism regarding the transparency and verifiability of its claimed fiat reserves.
Tether is the largest cryptocurrency in terms of trading volume, holding 70% of the market share among stablecoins. In 2019, it has surpassed bitcoin to become the most traded cryptocurrency globally. As of July 2024, Tether has more than 350 million users worldwide.
Tether Limited is owned by iFinex, a company based in the British Virgin Islands which also operates the Bitfinex cryptocurrency exchange. As of January 2024, Tether's official website lists fourteen protocols and blockchains on which Tether has been minted. WikipediaMeer oor VSA-dollar
Die Amerikaanse dollar of VSA-dollar is die amptelike geldeenheid van die Verenigde State van Amerika en sy eilandgebiede, asook van Bonaire, die Britse Maagde-eilande, Ecuador, El Salvador, Liberië, die Marshalleilande, die Gefedereerde State van Mikronesië, Oos-Timor, Palau, Panama, Saba, Sint Eustatius, die Turks- en Caicos-eilande en Zimbabwe.
Die VSA neem die dollar in 1792 in gebruik. Die geldeenheid word sedert die Tweede Wêreldoorlog as anker-valuta in die internasionale handel beskou. Vir die rede word die pryse van goud en olie internasionaal in dollars uitgedruk. Wikipedia