Re: How much is tether worth?

#2
Tether is a blockchain-based cryptocurrency whose cryptocoins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar, the euro or the Japanese yen, which are held in a designated bank account. Tether is fixed to the US Dollar does not mean its economic value is fixed. It changes vs BTC/ GOLD / £/ € / ¥ every second just as the $ does. The tether bitcoin conversion rate is 0.00011003.
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