Cryptocurrency Q&A
Who is behind USDT?
Who is behind USDT?
DaeguDivaDanceQueen
Wed Mar 12 2025
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7
answers
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I'm curious about the entity or individual responsible for creating and managing USDT, the stablecoin pegged to the US dollar. I want to know who stands behind this cryptocurrency.
7 answers
EchoWhisper
Fri Mar 14 2025
Tether Limited serves as the entity responsible for USDT.
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Maria
Fri Mar 14 2025
It is a privately owned company with its foundation in Hong Kong.
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Federica
Fri Mar 14 2025
The primary function of Tether Limited is to manage the issuance of USDT.
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EthereumEmpire
Fri Mar 14 2025
To ensure the stability of USDT, the company holds reserves of equivalent fiat currency.
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SeoulSerenitySeekerPeace
Thu Mar 13 2025
These reserves act as collateral, providing a backing for each USDT token in circulation.
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