What was the earliest issuance price of Tether?

USDT was issued in 2014 with an initial issuance price of 1 US dollar. As a US dollar-pegged stablecoin, it is issued by Tether. It is one of the most widely used stablecoins currently. Although the market price may fluctuate, the issuance The price always remains at $1.

The earliest issuance price of Tether currency

Tether currency (USDT) was launched in 2014 and is equivalent to the US dollar 1: 1-pegged stablecoin. Its initial offering price was also $1.

Tether was originally issued by Tether, a company headquartered in Hong Kong. It was created as an alternative for trading other cryptocurrencies while avoiding the risks of volatility such as Bitcoin.

Since its release, Tether has become one of the most widely used stablecoins in the cryptocurrency market. It is a trading pair on many exchanges, wallets and lending platforms.

It should be noted that the issuance price of Tether has remained at $1, but its market price may fluctuate based on supply and demand. However, Tether claims that it holds sufficient U.S. dollar reserves to support the value of Tether.

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