Tether
Tether25
Tether
The stablecoin pegged 1:1 to the US dollar, facilitating blockchain transactions and payments.
About
What does Tether do?
Tether is a stablecoin that aims to maintain a stable value relative to a fixed price, such as the US dollar. It is used to facilitate transactions on blockchain networks and as a medium of exchange in the cryptocurrency ecosystem. Tether is issued by Tether Holdings Limited.
What is Tether's revenue?
StartupHub estimates Tether's annual revenue at $46K (range $30K to $175K, 42% confidence), based on comparable companies in the sector.
What is Tether's valuation?
StartupHub estimates Tether's effective valuation at $392K (range $274K to $509K, 38% confidence), based on comparable companies in the sector.
How much funding has Tether raised?
Tether has raised a total of $20.0B in funding.
Where is Tether headquartered?
Tether is headquartered in Hong Kong, Hong Kong.
What industry does Tether operate in?
Tether operates in Fintech, Stablecoin, Blockchain, Digital Payments, Cryptocurrency, DeFi.
“Tether about to overtake Ethereum for #2 spot and honestly it’s the most crypto thing that’s ever happened to crypto. Bitcoin is down bad right now, dragging the entire market into the red like it owes money to a loan shark, and what’s the…”
View on Reddit“Tether has quietly built a $20B+ investment portfolio across AI, energy, and communications. It's not purely a stablecoin company anymore.. Most people think of Tether as the company behind USDT.”
View on Reddit“Are we prepared for when Tether falls?. This is something I’ve been thinking about lately, and I’m curious what others here think. We all know Tether has been sketchy since day one.”
View on Reddit“Honest question: isn't Tether the exact opposite of what Cryptocurrency stands for?. People bring their USD and deposit in a tether account and in return Tether gives you a token that is backed by the money they are holding.”
View on Reddit“Is Tether meant to do this?. This is the 1 min chart. Haven't seen a move like this for a while.”
View on Reddit“How does Tether do it?. These are the facts: Tether has printed $120 billion in USDT which is constantly minted to buoy the price of Bitcoin, always preceding price spikes. No one has EVER redeemed a Tether for a USD through Tether.”
View on RedditSome comments are pulled from public discussions around the web (look for the source icon). Quotes are excerpts; click through to read the full thread.