Anyone know much about Tether?

Posting as :
works at
You are currently posting as works at

What specifically would you like to know?

It's basically a money market account backing a stablecoin

Most of the tokens are on Ethereum and Tron, it's based outside the US in the British Virgin Islands and they pocket the interest on the bonds they invest in as profit.

On Ethereum and Tron there's a smart contract that tracks ownership of the USDT tokens and you can return Tether in $10,000 chunks for cash or give them $10,000 for 10,000 USDT although I'm not sure what the process is.

It's a pretty popular way to hold USD in countries with currencies that aren't very reliable like Turkey and a lot of exchanges use it as the default USD placeholder.

There are $100B worth of Tethers in the world. Tether was originally founded as Realcoin in Santa Monica, but left the US soon after.

Related Posts

Which is better Harman connected services or CGI?

like

How good Cisco is for finance professional? I mean in terms of growth opportunities.

ACN strategy SM2 salary? Trying to understand salary progression.

like

Hi Fishes,
Any Idea how much can I expect from a company like 'Kaiser Permanente', in US (Florida) in a contract role with 8 years of experience as a Full Stack Developer.

like

Deloitte Fish - how much quant is there in your experienced hire cases?

like

Has anyone heard of Enaxis Consulting? Reached out by recruiter and wanted to know what this community thinks before my conversation with them

What is the salary range of Senior 3/Associate Manager at EY GDS?

like

Is anything wrong with tech Mahindra hiring after submission of documents and salary discussion they want to have again technical round..if they want to reject why they do it in early stage.almost 3 week of search time wasted.

like

Hi All,

I want some help to decide which company to join. I have offer from T-systems and NICE systems both from Pune.

Can you people help me decide which one to join.

like

What is tcs performance cycle ?

like

Hello Fishes
Would like to know if
Atos couriers the asset (Laptop) home or does it ask the employes to straight away start working from office and take the asset there and then ?

I joined ATOS a few days back and my asset request hasnt been raised yet

How is SAP projects in IBM?

like

Those who joined in Nov, are they eligible for appraisal in Q4. What is the average appraisal hike given @fujitsu.

like

Hey fishes, how is the project allotment done in coforge..
It's been a month since I have joined still no tasks allocated not even induction is it a common in coforge?

Hi. I am desperate to change jobs. I have two offer in hands: Deloitte Hyderbad on a contract basis with 15% hike and KPMG Bangalore FTE with 25% hike. I like Deloitte as a brand better.
None of of these two companies are willing to offer more saying that they have a tight budget.

Which one should I take? Please help me decide.

like
like

Anyone recently joined as manager or AM. Wats the interview process looks like ?

like

How is pega practice in LTI ?

like

Hi Fishes, I need your help little urgently. Does anybody happen to appear for Unstructured case study round at ZS associates. I appeared yesterday and needed some inputs for presenting it. Any help is highly appreciated.
Thanks alot

like

How long can u stay in the bench before getting fired at Accenture?

like

More Posts

Anyone at Goldman in Portfolio Construction/Liquidity/Fixed Income that would mind chatting with me? Have an interview coming up soon.

like

In one month is my mid term review.. Should I let my mentor know I'm applying for mba this year now or should I wait till after the review session? I'm afraid mentioning going to b school would hurt my "fast promotion". What's your guy's experience? :)

like

Can you get pdf score reports of gmat online exams?

like

South of France (Nice, Provence, Marseille, etc) or Amalfi coast/positano? Which would you choose for a week and a half vacay?

like

Hi folks,

Can you please suggest me one best wireless airpods?

like

Hi Sharks, Can anyone please share about interview experience/questions asked at PayPal Paypal for java developer 3yr experience?
Is it general core Java based or heavy DSA based? Please help.
Thanks

like

Cant open iBegin TCS portal, anyone else having this problem right now?

like

Is it bad form to reach out to people on here for the company I’m targeting? I’m referring to the employees who have their networking turned on so you can see their name and position.

like

My job title says Application Development Senior Analyst (SSE-Developer) but I'm performing Core SYSTEM ANALYST Role.
Is it possible to switch company for 'BUSINESS SYSTEM ANALYST' roles ?

I have total 7 plus years of experience in IT industry. In that 3 years as developer and rest as Business Analyst. Nowy current profile is BA. My current CTC is 11 lpa. How much should I ask for next switch?

like

Hi Friends, i recently changed my role to business analyst, worked as F&A team lead previously, what essential knowledge required to survive in industry, Can anyone guid me? Am in BFSI Domain .

like

Hi,
I need some consulting.
I am a fullstack developer having 8+ years of experience,I was enjoying my work but now I think I hate coding.Currently I have changed my
job.now I Am just fixing the bugs.nothing new.I started hating coding and also I can't take up stress.Now I have decided to change my domain.But not sure which domain to pick and don't want to go from start.Can anyone suggest something which domain to pick up.as I was thinking to go into techno-functional consultant or BA.can someone suggest

like

ETL developer, skills : Python, RDBMS, SQL, Power BI, SSIS, SSMS, SSRS, Informatica data quality, alteryx, ADF, Azure synapse, Azure services.
Planning to switch role to Data Analyst / BI Analyst.
Current CTC: 14LPA. EOE 6yrs
What CTC and roles can I expect with these skills?

like

Any tax saving ninja technique??

like

Hello Fishes,
I am much stressed.. it’s only been 5 months to join Capgemini. I joined in as cyber security consultant with good package.
However, the work I do the tricks, logics and solutions I share with team to apply in the project… all are of no use when discussed with the architect guy. The whole team rely upon the wordings/solutions suggested by him only. It feels like my skill/knowledge and experience is of no use.
I feel like what am I doing here….? Any suggestions please.

And now...and ad for music

like

Has anyone felt that they are incapable of cracking coding interview no matter how much they practice , I for eg feel I CANNOT think fast in a timed test to solve a coding problem no matter how much I practice ,it's not just my cup of tea and that leaves me with a lot of frustration .Anyone else as well ,what to do😢

like

What is the standard salary range for a full time, staff senior producer at an agency? NYC

Does anyone know any shortcuts for the “Refresh All” button without having to always click Data->Refresh All every time I want to refresh the live data? For a Mac btw pls thanks!

Post Photo
like

What do y’all believe should be the average pay for an ekg tech?

likesmart

Additional Posts in Everything crypto

Anyone here have thoughts on Helium (HNT)? I’ve been a fan for a while now

like

NFA, but will be buying up sub 20K BTC… DYOR 🥲

Post Photo
like

Go LTC go!

like

First instinct this morning... put more money on coinbase. Hope by the time it clears I still catch the bottom.

like

I am going to buy AntShares aka NEO bigly. It has a potential to go to 100$

like

Ok guys, I'm gonna link things up wild. The following are facts
1. David Marcus, former head of PayPal and a top guy at Facebook who was leading Messenger (FB really put in a lot of work into.. cont.

likesmart

I'm a masochist. PRQ tied up a ton of my assets during the last run up in early 2021 while crabbing and dumped just as bad as other alts in May. I just heard whispers of a big cex listing and put some money back into it. 😬

like

Any portal/website where we can follow cryptocurrency prices

Thinking of moving my whole crypto portfolio into BTC. Is this dumb?

like

Thoughts on AdEx ?

Any thoughts on 0x.. ?

like

Thinking of buying ALL coins for $1000 each. Am I crazy?

smart

Who else is excited for the Litecoin fork?

Do you find it surprising that more people don't invest in cryptocurrencies ? Especially in the consulting industry

WTF is going on with XRP

Tempted to buy 1 BTC ..

like

Damn coinbase, I see you ;)

Could this be an ICO? This seems like a massive crypto play.

Post Photo
like

Can OMG run(function) without the OMG tokens ?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal