Tether vs Bitcoin

Modified on Sat, 18 Feb 2023 at 08:07 PM

Bitcoin was created in order to have an alternative currency to traditional or fiat currencies. Bitcoin is peer-to-peer, borderless, and does not depend on any national bodies or financial institutions in order to operate. Tether, however, is not a rival currency of Bitcoin. While Bitcoin is used to send money over the internet from anywhere in the world, Tether was created in order to integrate cryptocurrencies with fiat currencies such as Bitcoin. Tether does this by claiming that all their digital assets (USDT) can be converted into physical cash (USD) in a 1:1 ratio.


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