Tether cryptocurrency (USDT exchange ticket) was created by company of the same name in 2016. This cryptocurrency became the first coin attached to fiat money - the US dollar. Such coins began to be called stablecoins. The company connects the blockchain technology and money in order to avoid large commissions for transfers, so this cryptocurrency has the same features as for the rest: decentralization, high transaction speed, low commissions.The company’s reserves store the declared amount of fiat money to ensure the transparency of its operations and to avoid allegations of fraud.The company uses the Omni protocol to issue its coins, which allows hashing Tether transactions inside the Bitcoin blockchain. Tether wallet allows you to quickly convert fiat money to cryptocurrency and send a transaction with a low commission to anywhere in the world.
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