"What is the current USDT issuance quantity for Tether Limited?"
2023-06-02 06:02
Release time 2023 06 02
The USDT issuance of Tether, a company based in Taiwan, refers to the total amount of its stablecoin, which is pegged to the US dollar at a 1:1 ratio. This issuance represents the number of USDT tokens that have been created and distributed by Tether, and which can be used by traders and investors to facilitate transactions on various cryptocurrency exchanges. The USDT issuance is regularly monitored by Tether and the broader cryptocurrency community, with any significant changes or discrepancies potentially affecting the value and stability of the USDT token and its overall market performance.
Release time 2023 06 02
Release time 2023 06 02
The USDT issuance of Tether by Tether Limited, a subsidiary of the Tether company, refers to the total amount of USDT tokens in circulation. Tether Limited claims that each USDT token is backed by a dollar held in reserve, which means that the issuance of USDT should theoretically match the amount of dollars held in reserve. However, there has been criticism and skepticism regarding the transparency and adequacy of Tether's reserves, and some have raised concerns about the potential for the issuance of USDT without sufficient reserves.
Release time 2023 06 02