What Is Tether, the Company Behind USDT?

Tether Limited is the company that issues USDT, and it's one of the world's largest stablecoin issuers. The core idea: for each USDT in circulation, the company claims to hold equivalent reserves (cash or equivalent assets) to maintain the dollar peg.

How it works

Tether issues USDT on multiple blockchains (such as Tron and Ethereum) and — in principle — guarantees that each unit can be exchanged for one dollar. It publishes regular reports on its reserves for transparency.

What it means for you

Trust in USDT partly depends on trust in the issuer and its reserves. Understanding this is important before transacting with the currency.

This is educational content, not financial advice. Verify current Saudi regulations.

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Written by the Tether.sa team