Tether (USDT) is a stablecoin with a value meant to mirror the value of the U.S. dollar.
A digital token pegged to fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit.
Tethers exist as digital tokens built on bitcoin (Omni and Liquid Protocol), Ethereum, EOS, Tron and Algorand blockchains. Learn more about Tether's transport protocols.
Bitfinex users have to be KYC verified to deposit or withdraw USDT.