[Partisan6W] USDT/KRW Tether to Korean(ROK) Won rate
Tether
Symbol: ₮
Code: XAU₮ USD₮ EUR₮ CNH₮ MXN₮
USDT : Pegged to the United States dollar.
Launched in 2014.
USDT and USDC are centralized.
Blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.
Tether faces criticism regarding the transparency.
Tether Limited is owned by iFinex, a company based in the British Virgin Islands which also operates the Bitfinex cryptocurrency exchange.
Comments from the Internet:
<> USDT = very dodgy lol. Based in some small private bank in the Cayman islands I think. My favorite theory is that USDT is a CIA op. There's no way that small private bank is actually producing that much USDT that's pegged to a physical dollar. If they actually are, they should be in the forbes 500 lol. If not, how come they haven't been raided yet for printing fake dollars? I honestly think the government/CIA op to smuggle/make funds theory could be true.
<> USDT is shady and the EU has rejected it.
<> Tether America is a donor for Trumps ballroom.
<> Risk exists for all stable coins in terms of pegging, backing, changing legislation .....