Tether Holdings Limited

Tether Holdings Limited, incorporated in the British Virgin Islands, is the company behind USDT, the world's most widely used stablecoin. Launched in 2014, USDT is designed to maintain a 1:1 peg with the U.S. dollar, providing stability in the often volatile digital asset market. Tether's business model involves issuing USDT tokens backed by reserves, which include traditional currencies, cash equivalents, and other assets. This approach has positioned Tether as a pivotal entity in the digital asset ecosystem, facilitating seamless transactions across various platforms.