Cryptocurrency Q&A Who is controlling USDT?

Who is controlling USDT?

Raffaele Raffaele Sun Oct 13 2024 | 7 answers 1559
I don't understand this question. Could you please assist me in answering it? Who is controlling USDT?

7 answers

SolitudeSeeker SolitudeSeeker Tue Oct 15 2024
To further enhance transparency and trust, Tether Limited regularly publishes the details of its reserve holdings on a dedicated transparency page.

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alexander_smith_musician alexander_smith_musician Tue Oct 15 2024
The value of USDT is anchored to the US dollar through a strict 1:1 collateral ratio, ensuring that its exchange rate remains stable and predictable.

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Filippo Filippo Tue Oct 15 2024
Tether Limited maintains a robust reserve system where every single USDT in circulation is fully backed by an equivalent amount of fiat currency, primarily the US dollar.

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CryptoPioneer CryptoPioneer Tue Oct 15 2024
This backing mechanism provides investors with a high degree of confidence in the value and stability of USDT, making it a popular choice for traders and investors alike.

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SamuraiSoul SamuraiSoul Tue Oct 15 2024
Tether (USDT) is a cryptocurrency that operates under the supervision of Tether Limited, a company renowned for its commitment to transparency and stability.

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