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Tether Tokens
are assets that move across a blockchain just as easily as
other digital currencies but that are pegged to real-world
currencies on a 1-to-1 basis.
Tether Tokens are referred to as stablecoins because they
offer price stability as they are pegged to a fiat currency.
This offers users a low volatility solution when utilizing
digital currencies.
All Tether Tokens are pegged at 1-to-1 with a matching fiat
currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by
Tether’s Reserves.
As a fully transparent company, we typically publish daily
information about Tether Tokens in circulation and quarterly
information about our Reserves on the Transparency pages.
Please see "How often does Tether provide its transparency
information?" for more information.
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