Tether（USDT） is a token backed by actual assets, including USD and Euros. One Tether equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account. Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies.
For more details please refer to USDT official website: Website
Newdex is not backed for any projects, please be catious to decide your trading.
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October 12, 2019
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