I would like to understand the process of how Tether, a cryptocurrency, is issued. I'm curious about the steps involved, the entities responsible, and any regulations or safeguards that are in place.
7 answers
Riccardo
Sat Jan 04 2025
The introduction of these new tokens is unique in that they are authorized but not immediately issued.
Giuseppe
Sat Jan 04 2025
This status implies that the USD₮ tokens are held within Tether's treasury, awaiting their release into circulation.
QuasarStorm
Sat Jan 04 2025
Until they are officially issued, these tokens remain in a state of readiness, not actively participating in transactions.
Chiara
Fri Jan 03 2025
The process of issuing Tether Tokens begins when they are transferred out of Tether's treasury.
Silvia
Fri Jan 03 2025
This transfer can occur for a variety of reasons, but one common scenario is when a customer purchases these tokens through tether.to.