Cryptocurrency Q&A
What does a tether do?
What does a tether do?
Sun Jan 12 2025
|
8 answers
1829
I'm wondering about the function of a tether. I want to know what role it plays and how it operates in different contexts. Specifically, what does a Tether do?
8 answers
Mon Jan 13 2025
Tether is a unique cryptocurrency designed to stabilize its value.
Was this helpful?
264
89
Mon Jan 13 2025
By doing so, Tether aims to mimic the value of fiat currencies.
Was this helpful?
56
26
Mon Jan 13 2025
For instance, Tether might be pegged to the US dollar or the euro.
Was this helpful?
376
63
Mon Jan 13 2025
Its goal is to maintain a consistent peg to a traditional currency.
Was this helpful?
115
89
Mon Jan 13 2025
BTCC is a prominent cryptocurrency exchange offering a range of services.
Was this helpful?
226
91
Load 5 more related questions
