Cryptocurrency Q&A Who operates USDT?

Who operates USDT?

KimonoGlitter KimonoGlitter Mon May 13 2024 | 6 answers 1503
I'm quite interested in the operational background of USDT. Could you tell me who exactly operates this cryptocurrency? Is it a centralized entity or a decentralized network? I'd also like to know about the security measures taken to ensure the stability and trustworthiness of USDT. Is there a regulatory body overseeing its issuance and circulation? Furthermore, what are the key factors that determine the value of USDT and how does it maintain its peg to the US dollar? Understanding these aspects would greatly help me in my investment decisions regarding this cryptocurrency. Who operates USDT?

6 answers

CryptoLord CryptoLord Wed May 15 2024
Additionally, iFinex owns the crypto exchange BitFinex.

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CryptoLordess CryptoLordess Wed May 15 2024
USDT is issued by Tether.

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Daniele Daniele Wed May 15 2024
Tether is a company owned by iFinex.

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henry_harrison_philosopher henry_harrison_philosopher Wed May 15 2024
iFinex is a Hong Kong-registered company.

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PulseEclipse PulseEclipse Tue May 14 2024
BTCC is a UK-based cryptocurrency exchange.

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