Tether (ERC20)

Tether is a decentralized cryptocurrency, built on the Bitcoin blockchain through the Omni protocol. USDT price is backed 1-to-1 by US dollars in reserves, and each USDT token can be exchanged into the equivalent amount of USD. Many popular cryptocurrency exchanges, such as Binance, OKEx, Poloniex, and Bittrex, use USDT as an analogue for US dollar. Tether reserves are published daily and regularly become a subject to independent professional audits. Blockchain technology assures the security and transparency of all transactions and makes Tether complied with international financial regulations.