Tether (USDT)

GPTKB entity

Statements (90)
Predicate Object
gptkbp:instance_of gptkb:currency
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:Terra/_USD
gptkb:USDC
gptkb:Curve_Finance
gptkbp:capacity over $30 billion daily
gptkbp:community Active community and support
gptkbp:competes_with gptkb:Paxos_Standard_(PAX)
USD Coin (USDC)
True USD (TUSD)
gptkbp:competitors gptkb:Dai_(DAI)
gptkb:Paxos_Standard_(PAX)
USD Coin (USDC)
True USD (TUSD)
gptkbp:controversy regulatory scrutiny
lack of transparency
legal issues
Allegations of insufficient reserves
gptkbp:created_by gptkb:Tether_Limited
gptkbp:data_usage Fast transactions
gptkbp:depicted_in Transparency reports published
gptkbp:future_plans Expansion of services
Increased transparency measures
Potential new partnerships
https://www.w3.org/2000/01/rdf-schema#label Tether (USDT)
gptkbp:integrates_with Integrated into various De Fi platforms
gptkbp:is_adopted_by Widely adopted in the crypto market
gptkbp:is_available_on gptkb:Bitfinex
gptkb:Bittrex
gptkb:Binance
gptkb:Gemini
gptkb:Coinbase
gptkb:boxing_match
gptkb:Huobi
gptkb:Ku_Coin
gptkb:Poloniex
decentralized exchanges
multiple wallets
centralized exchanges
OK Ex
gptkbp:is_monitored_by third-party firms
Regular audits by third parties
gptkbp:is_supported_by Most cryptocurrency wallets
most exchanges
gptkbp:is_used_for trading
remittances
hedging against volatility
gptkbp:is_used_in arbitrage trading
crypto lending
De Fi applications
gptkbp:is_utilized_in Used in NFT transactions
gptkbp:launched gptkb:2014
gptkbp:legal_issue gptkb:battle
Ongoing legal challenges
gptkbp:market High liquidity
gptkbp:market_cap Over $68 billion (as of 2023)
over $68 billion
gptkbp:number_of_issues gptkb:Tether_Limited
gptkbp:number_of_volumes High trading volume
gptkbp:pairing BTC/ USDT
ETH/ USDT
USDT/ EUR
USDT/ USD
USDT/ USDC
gptkbp:partnership Various cryptocurrency exchanges
gptkbp:partnerships gptkb:Educational_Institution
payment processors
various exchanges
gptkbp:price Maintains value close to $1
gptkbp:regulatory_compliance controversial
Subject to scrutiny by regulators
gptkbp:related_event reserves
Other assets
Reserves of fiat currency
gptkbp:reports_to gptkb:battle
gptkbp:security_features Smart contract audits
gptkbp:set_in Used in gaming platforms
gptkbp:transfer_fee Low fees
gptkbp:translated_into gptkb:US_Dollar
gptkbp:type gptkb:Professional_Wrestler
gptkbp:type_of gptkb:Ethereum
gptkb:Tron
gptkb:Solana
gptkb:EOS
gptkb:Algorand
gptkb:Omni_Layer
gptkbp:use_case Remittances
Hedging against volatility
Trading on exchanges
gptkbp:user_base Retail and institutional investors