-
Bitcoin $108,902.7543
-0.59% - Ethereum
$2,820.7998
2.14% - Tether USDt
$1.0003
0.03% - XRP
$2.2948
0.18% - BNB
$667.6875
-0.12% - Solana
$163.6188
0.04% - USDC
$0.9999
0.02% - Dogecoin
$0.1960
1.00% - TRON
$0.2795
-3.91% - Cardano
$0.7064
-0.11% - Hyperliquid
$42.5225
2.97% - Sui
$3.4448
0.24% - Chainlink
$15.2208
0.23% - Avalanche
$21.8369
-1.29% - Stellar
$0.2795
0.68% - Bitcoin Cash
$431.3062
-1.29% - UNUS SED LEO
$9.0405
2.22% - Toncoin
$3.2549
-1.19% - Shiba Inu
$0.0...01320
0.36% - Hedera
$0.1763
-1.99% - Litecoin
$92.1476
0.51% - Polkadot
$4.2527
0.26% - Monero
$328.0956
-2.57% - Ethena USDe
$1.0008
0.02% - Bitget Token
$4.8168
0.42% - Pepe
$0.0...01277
0.11% - Dai
$1.0000
0.03% - Uniswap
$8.0708
-2.95% - Pi
$0.6345
-1.52% - Aave
$306.9066
0.80%
When was USDT issued? Learn about the origin of USDT in one article
The first USDT tokens were issued on the Bitcoin blockchain on October 6, 2014, and were initially known as ERC-20 tokens built on Ethereum.
Sep 30, 2024 at 04:36 pm
When Was USDT Issued?
Tether (USDT) is a widely used stablecoin, backed by various assets such as fiat currencies and treasury bills. Delve into the history of USDT to understand its origin and evolution.
1. Development and Launch (2014)
- Tether was initially developed in 2014 by Brock Pierce, Craig Sellars, and Reeves Ayre.
- It was originally known as RealCoin, but the name was later changed to Tether in 2015.
2. Initial Tether Release (October 6, 2014)
- The first USDT tokens were issued on the Bitcoin blockchain on October 6, 2014.
- These initial tokens were ERC-20 tokens, built on the Ethereum blockchain.
3. Growing Adoption and Stability (2016-2017)
- USDT gained widespread adoption as a stablecoin for trading cryptocurrencies.
- Its stability, pegged to the value of the US dollar, made it attractive for hedging against price fluctuations.
4. Controversies and Audits (2017-2018)
- In 2017, Tether was involved in several controversies related to its reserves.
- Independent audits conducted in 2018 confirmed that USDT was backed by sufficient reserves.
5. Expansion of Platforms (2019-2020)
- USDT was integrated with additional blockchains, including Tron and EOS.
- This expanded its accessibility and increased its overall usage.
6. Current Status (2022)
- Tether continues to be a widely used stablecoin, with a market capitalization of over $80 billion.
- It is supported by various exchanges and used for trading, payments, and other financial applications.
Conclusion
Tether was first issued on October 6, 2014, and has since evolved into a leading stablecoin in the cryptocurrency ecosystem. Its stability and widespread adoption have made it a valuable tool for traders and investors alike.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- CFTC Announces Default Judgment Against Mark Gillespie and John Roche in My Big Coin Digital Asset Fraud Scheme
- 2025-06-12 03:14:16
- Kaia [KAIA], the native token of the merged Klaytn-Finschia network, surged over 20%
- 2025-06-12 03:12:15
- The Next Top Meme Coin in 2025 Isn't Just Hype, It's Reshaping the Reward, Growth, and Engagement of Meme Coins
- 2025-06-12 03:10:59
- Launch of QFSCOIN's Most Profitable Bitcoin Mining Service in 2025
- 2025-06-12 03:00:12
- The United States is on the brink of a new technological frontier
- 2025-06-12 03:00:12
- All Heart Piece Locations In The Legend Of Zelda: The Wind Waker
- 2025-06-12 02:56:52
Related knowledge
What is the most convenient way to cash out small amounts of USDT? Is there a shortcut?
Jun 11,2025 at 11:00pm
Understanding the Need to Cash Out Small USDT AmountsCashing out small amounts of USDT can be a challenge for many crypto users. Traditional methods often involve high fees, minimum withdrawal limits, or cumbersome verification processes that make it inefficient for small transactions. The key is to find a method that balances speed, cost, and convenien...
How to avoid risks when exchanging USDT for cash? What are the pitfalls?
Jun 11,2025 at 08:14pm
Understanding the Risks of Exchanging USDT for CashWhen exchanging USDT (Tether) for cash, users must be aware of the potential risks involved. As a stablecoin pegged to the US dollar, USDT is widely used in crypto transactions due to its price stability. However, converting it into fiat currency like USD or CNY can expose users to several pitfalls, inc...
How to withdraw USDT to a bank card? What are the specific steps?
Jun 11,2025 at 06:14pm
Understanding USDT and Bank Card WithdrawalsUSDT (Tether) is a stablecoin pegged to the U.S. dollar, making it a popular choice for traders and investors who want to avoid the volatility of other cryptocurrencies while still participating in the crypto market. However, many users often wonder how they can convert USDT into fiat currency and withdraw it ...
Which platform has the lowest USDT withdrawal fee?
May 13,2025 at 09:42pm
When it comes to managing your cryptocurrency, especially USDT (Tether), one of the key considerations is the withdrawal fee. Different platforms have different fee structures, and finding the one with the lowest USDT withdrawal fee can significantly impact your overall costs. In this article, we will explore various platforms and identify which one off...
Are there any regional restrictions for USDT cash withdrawals? Which countries are not allowed?
May 14,2025 at 10:42am
Understanding USDT and Its Withdrawal ProcessTether (USDT) is a popular stablecoin that is pegged to the value of the US dollar. It is widely used across various cryptocurrency platforms for trading and as a stable store of value. When it comes to withdrawing USDT, users often face different regulations and restrictions depending on their location. This...
Is USDT withdrawal anonymous? Will there be a record?
May 12,2025 at 05:36pm
Is USDT withdrawal anonymous? Will there be a record? When it comes to the world of cryptocurrencies, privacy and anonymity are often at the forefront of users' minds. One common question that arises is whether withdrawing USDT, a popular stablecoin, is an anonymous process, and if there will be any records of the transaction. In this article, we will d...
What is the most convenient way to cash out small amounts of USDT? Is there a shortcut?
Jun 11,2025 at 11:00pm
Understanding the Need to Cash Out Small USDT AmountsCashing out small amounts of USDT can be a challenge for many crypto users. Traditional methods often involve high fees, minimum withdrawal limits, or cumbersome verification processes that make it inefficient for small transactions. The key is to find a method that balances speed, cost, and convenien...
How to avoid risks when exchanging USDT for cash? What are the pitfalls?
Jun 11,2025 at 08:14pm
Understanding the Risks of Exchanging USDT for CashWhen exchanging USDT (Tether) for cash, users must be aware of the potential risks involved. As a stablecoin pegged to the US dollar, USDT is widely used in crypto transactions due to its price stability. However, converting it into fiat currency like USD or CNY can expose users to several pitfalls, inc...
How to withdraw USDT to a bank card? What are the specific steps?
Jun 11,2025 at 06:14pm
Understanding USDT and Bank Card WithdrawalsUSDT (Tether) is a stablecoin pegged to the U.S. dollar, making it a popular choice for traders and investors who want to avoid the volatility of other cryptocurrencies while still participating in the crypto market. However, many users often wonder how they can convert USDT into fiat currency and withdraw it ...
Which platform has the lowest USDT withdrawal fee?
May 13,2025 at 09:42pm
When it comes to managing your cryptocurrency, especially USDT (Tether), one of the key considerations is the withdrawal fee. Different platforms have different fee structures, and finding the one with the lowest USDT withdrawal fee can significantly impact your overall costs. In this article, we will explore various platforms and identify which one off...
Are there any regional restrictions for USDT cash withdrawals? Which countries are not allowed?
May 14,2025 at 10:42am
Understanding USDT and Its Withdrawal ProcessTether (USDT) is a popular stablecoin that is pegged to the value of the US dollar. It is widely used across various cryptocurrency platforms for trading and as a stable store of value. When it comes to withdrawing USDT, users often face different regulations and restrictions depending on their location. This...
Is USDT withdrawal anonymous? Will there be a record?
May 12,2025 at 05:36pm
Is USDT withdrawal anonymous? Will there be a record? When it comes to the world of cryptocurrencies, privacy and anonymity are often at the forefront of users' minds. One common question that arises is whether withdrawing USDT, a popular stablecoin, is an anonymous process, and if there will be any records of the transaction. In this article, we will d...
See all articles
