Almost everybody today knows or has at least heard of Bitcoin, the first and largest cryptocurrency in the world.
But how much do you know about Tether? Did you know it's the third most valuable cryptocurrency, with the highest trading volume of a staggering 30 billion USD a day?
It was the first cryptocurrency, which was designed to build a bridge between the crypto world and regular currencies. That's why today about 80 % of all Bitcoin trading is done in Tether.
Check out all 29 Tether facts, what it is, where it came from and why do we have it in the first place in the infographic!
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Infographic: 29 revealing facts about Tether
1. gamblineers.com
1. https://en.wikipedia.org/wiki/Tether_(cryptocurrency)
2. https://www.crunchbase.com/person/jl-van-der-velde
3. https://sports.yahoo.com/research-china-leads-world-tether-204400694.html
4. https://nairametrics.com/2020/05/22/tether-the-most-promising-stable-coin-
now-the-third-most-valuable-cryptocurrency/
5. https://www.bloomberg.com/news/articles/2019-10-01/tether-not-bitcoin-likely-
the-world-s-most-used-cryptocurrency
6. https://www.investopedia.com/terms/t/tether-
usdt.asp#:~:text=Tether%20was%20launched%20as%20RealCoin,started%20tradin
g%20in%20February%202015.
7. https://coinmarketcap.com/currencies/tether/
8. https://www.bloomberg.com/news/articles/2019-08-07/tether-mafia-318-crypto-
addresses-control-most-of-stablecoin
9. https://news.bitcoin.com/104-addresses-hold-70-of-tether-research-reveals/
10. https://coinatmradar.com/city/90/bitcoin-atm-ljubljana/
11. https://cointral.com/coinmetrics-study-reveals-tether-usdt-facts/
12. https://tokeneo.com/cryptocurrencies/tether/
13. https://www.coindesk.com/tether-stablecoin-launches-on-its-seventh-
blockchain
14. https://www.investopedia.com/terms/t/tether-usdt.asp
15. https://techcrunch.com/2018/08/19/what-the-hell-is-the-deal-with-tether/
16. https://www.investopedia.com/terms/s/stablecoin.asp
SOURCES
Tether was accused of
manipulation of Bitcoin
price.
29
Tether has no transaction
fees.
28
Each Tether token is
traded 46 times per year
on average
27
The average period a
Tether token is held is
17.8 days
26
80 % OF ALL BITCOIN TRADING IS DONE IN TETHER
25
No professional audit
of Tether's reserve
holdings has ever
been completed
24
Tether Ltd. loaned
850 million USD to
Bitfinex in 2018
changing the 100 %
backing of USDT to
74 %
23
In many countries where crypto currencies are
forbiden, people can pay cash over the counter
with few questions asked to get Tether and than
buy other cryptos
22
Tether's daily trading volume
is around 30 BILLION USD
21
Tether is a token with THE
HIGHEST DAILY AND
MONTHLY TRADING VOLUME
which is about 18 % higher
than that of Bitcoin's
20
Chinese cryptocurrency exchanges facilitate 60 % of all Tether
19
TETHER IS ILLEGAL in Cuba, North Korea, Iran, Pakistan, Syria,
Venezuela and Crimea
18
There are OVER
230 ATMS
offering Tether,
185 only in USA
17
Tether ISN'T
ACCEPTED in
any physical or
online store.
16
In 2017
HACKERS
STOLE 31
MILLION USDT
from Tether Ltd.
15
Tether is the THIRD MOST VALUABLE
CRYPTOCURRENCY after Bitcoin and Ethereum
14
Tether is the world's MOST USED STABLECOIN
13
60 % of all Tether is on Ethereum blockchain
12
TETHER EXISTS ON 7
DIFFERENT
BLOCKHAINS, Omny
and Liquid layers of
Bitcoin, Ethereum
network, TRON
network, EOS network,
Algorand network and
BCH blockchain.
11There is 10.8 billion
USD of Tether in USD,
47.2 million USD in
EUR and 3.3 million
USD in CNH
10
9 Tether supports 3
DIFFERENT CURRENCIES:
USD, EUR and the offshore
Chinese yuan (CNH)
TETHER IS A STABLECOIN
Stablecoins are cryptocurrencies that attempt to peg
their market value to some external reference
8
About 300 entities control around 80 % of Tether and have over 1 million
USD in Tether. (To compare: over 20000 addresses have over 1 million
USD in Bitcoin)
7
10 billion USDT in
CIRCULATION
6
Market cap: 10.8
BILLION USD
5
Tether was designed to
build the necessary
BRIDGE BETWEEN FIAT
AND
CRYPTOCURENCIES
and offer stability,
transparency and
minimal transaction
charges.
4
JAN LUDOVICUS VAN DER VELDE is the CEO of Tether Ltd.
He is also a lecturer at National Taiwan University of Science and Technology
and guest lecturer at Taiwan University (Blockchain and Regulation)
3
2
Tether was first announced as
RealCoin in July 2014 and the
first tokens were issued on 6
OCTOBER 2014
Creator of Tether is
TETHER LIMITED, a
company based in
Hong Kong
1
TETHER
INFOGRAPHIC
29 REVEALING FACTS ABOUT