ATAIX News, Aug, 2019
Tether (USDT), the stablecoin with a 1:1 value with the USD, has officially been listed on ATAIX. After launching as “Realcoin” in October of 2014, Tether officially rebranded itself as Tether a month later and became a dominant force in the crypto world.
Stablecoins provide an easy medium for exchange in the crypto world. Since their value is backed by fiat currency (or, in some cases, by precious metals), they act as a stable medium with which to exchange cryptos. As opposed to some cryptos which people see as an investment, stablecoins act as purely transactional mediums.
As of now, Tether is the largest stablecoin by market capitalization in the crypto world. You can begin trading Tether and many other coins on ATAIX by signing up today.