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About Tether
Tether is a stablecoin designed to hold a value of one US dollar, issued by Tether Limited and backed by a reserve of cash, short-term treasuries and other assets. It is the most widely traded stablecoin and circulates on many blockchains at once.
How Tether Works
Tokens are issued when the company receives dollars and destroyed when they are redeemed, with the reserve intended to cover the amount in circulation at all times. The same token is deployed natively across Ethereum, Tron, Solana and other chains, so the supply is spread across networks rather than confined to one.
The History of Tether
Launched in 2014 as Realcoin and renamed shortly afterwards, Tether was the first widely used dollar-pegged token. It has grown into the most heavily traded asset in crypto by volume, while drawing sustained scrutiny over the composition and auditing of its reserves. The company now publishes regular attestation reports.
What USDT Is Used For
USDT is used to move value between exchanges and hold a dollar-denominated balance without leaving the blockchain. It is the quote asset in a large share of trading pairs, and is widely used for remittances and settlement in markets where dollar access is limited.
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Why buy Tether with YouHodler? +
YouHodler combines advanced security and encryption with a simple way to buy and sell USDT, fast crypto transactions, support for multiple fiat currencies, and a platform that works for newcomers and experienced traders alike.
Is Tether a good investment? +
USDT is built to track the dollar rather than appreciate, so it is a tool for holding value and settling trades, not a growth asset. The risk is not price volatility but issuer and reserve risk: the peg depends entirely on Tether Limited honouring redemptions. Reserve transparency has long been debated — review the current attestations before relying on it.
Can I buy Tether today and sell it tomorrow? +
Yes. YouHodler supports selling as well as buying, so you can acquire USDT and later exchange it for fiat currencies such as USD or EUR. Transactions settle quickly, major fiat currencies are supported, and withdrawals go out by bank transfer.
Is it safe to buy Tether? +
Buying USDT is generally safe on a reliable platform like YouHodler, which applies data encryption, identity verification and multi-layer account protection. The asset itself stays highly volatile, so prices can move sharply over short periods.
How do I convert Tether to cash? +
Connect a bank account, debit card or credit card to your YouHodler profile, exchange your USDT for a fiat currency such as USD or EUR, then withdraw the balance straight to your bank.
How much is $100 worth of Tether right now? +
That depends on the live USDT price, which moves constantly. Use the price chart on this page to see the current rate and work out exactly how much USDT $100 buys at this moment.
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