Proof of Reserves of USDT

Modified on Sat, 18 Feb 2023 at 05:31 PM

In 1945, Federal Reserves backed their USD with gold. Similarly, Tether Limited tried to copy the system and informed the cryptocurrency community that all their USDT tokens in circulation are supported by USD.  In order to prove, Tether Limited shows their bank balance for the total amount of USD and EUR they have in reserve on their company's website which everyone can check the USDT bank balance at https://wallet.tether.to/transparency

 

Interested to buy Tether (USDT)? Check the Market Now: https://www.bitkub.com/market/USDT


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article