Tether USD Price - USDT/USD : $1.00568
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What is USDT (Tether USD)?
USDT (Tether USD) is a cryptocurrency designed to mirror the value of the U.S dollar. The idea was to create a stable digital currency that can be used like digital dollars. Cryptocurrencies created to be a stable dollar substitute of any currency are generally referred to as “stable coins”.
Frequently asked questions
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Trending cryptocurrencies
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- Dogecoin (DOGE)Usd 0 .10688+0.31%
- Tether USD (USDT)Usd 1 .00568−0.18%
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How we treat client assets
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and crypto assets.
An insured, enterprise-grade Qualified Custodian holds the vast majority of our clients’ digital assets in cold storage.
Audited
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.
We keep your assets safe. That is our promise.
Secure custody
An insured, enterprise-grade Qualified Custodian holds the vast majority of our clients’ digital assets in cold storage.
We adhere to industry best practices and never lend or trade your assets.