Quote from: moncorp on July 09, 2016, 03:59:50 PM

Quote from: andyste on July 02, 2016, 02:29:06 AM

USDT dollar tether, price equal same dollar, but develop tether use bitcoin tekhnologi
low use tether only poloniex and bitfinex use tether

I wonder how do they do it? Tether also offer eurot and JPNt. If I understand it correctly, they sell a coin at bitcoin to dollars rate. It only fluctuates when the btc/usd price fluctuates. So if you like to get USDt, you will be paying for an overpriced altcoin. I'm not sure if this is tied to USD... maybe this is just a made-up coin to represent the equivalent value of the fiat outside the banking system.

they should create an announcement thread here so we dont have to go to their website or google the info about of USDt and benefits owning it!?!

it's pegged... you can always go to tether page and swap your coins to real dollar.
that's why the price stay at 1:1.