Quote from: squatz1 on April 19, 2017, 10:35:02 AM

I've seen it on many sites and even referenced here in a couple of posts but have no clue what it is in the least and it's price points seems to stick around the $1.00 to .9999 mark which would seem to say that it's tethered to the $1 mark in USD but I have no clue how it's used at all.

Enlighten me and thank you all

Hey squatz1,

You can check out the Tether white paper at https://tether.to/wp-content/uploads/2015/04/Tether-White-Paper.pdf

It explains the method by which the USD₮ tokens are pegged to the 1:1 fiat currency reserve.

Craig