Cryptocurrency Q&A
Who is USDT owned by?
Who is USDT owned by?
GeishaMelodious
Wed May 29 2024
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7 answers
1520
Could you please elaborate on the ownership structure of USDT? I'm interested in understanding who exactly owns and manages this cryptocurrency. Could you provide some insight into the entity or entities behind USDT and their role in its issuance and operations? Additionally, are there any known regulatory bodies overseeing the management and usage of USDT? I'd appreciate it if you could clarify these points for me.
7 answers
Lucia
Thu May 30 2024
The issuance of USDT by Tether, being backed by iFinex, adds credibility and stability to the token, making it a preferred choice for traders and investors.
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SamuraiHonor
Thu May 30 2024
USDT's peg to the US dollar ensures its stability, making it a suitable medium for exchanging value across borders and platforms.
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CryptoProphet
Thu May 30 2024
USDT, a cryptocurrency, is issued by Tether, a company that holds a significant position in the digital asset ecosystem.
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Valentina
Thu May 30 2024
Tether is a subsidiary of iFinex, a Hong Kong-based company renowned for its diverse financial offerings.
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Nicola
Thu May 30 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of crypto enthusiasts.
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