Posts with the tag “tether”
The Bitfinex Tether Conspiracy
by Doug Faust on November 22nd, 2017
Tether is a unique blockchain token that aims to maintain a peg to the United States Dollar. That is, 1USDT (one Tether) is 1USD. The claim is that they’re striving to bridge the world of fiat and crypto currencies by mapping the dollar onto a blockchain-based token. In practice, the basic appeal to users is that you can use Tether as a haven of stability during (extra)...