Tether Holdings operates a platform to store, send, and receive local currency person to person globally.
Tether Holdings operates a platform to store, send, and receive local currency person to person globally. Tether is a token backed by actual fiat currency assets, including USD, Euros and, soon, Japanese Yen. One Tether equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account. Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies.Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat-backed tokens on blockchains. By leveraging Blockchain technology, Tether allows you to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Apr 10, 2021
Bitrefill
|
Funding Round | $7M | Bitcoin | — |
Jan 19, 2021
Exordium
|
Initial Coin Offering | $1M | Console Games | Yes |
Jun 22, 2020
Celsius Network
|
Corporate Round | $10M | Blockchain | Yes |