Tether is a blockchain-based cryptocurrency whose coins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar, the euro or the Japanese yen, which are held in a designated bank account. It’s the largest stablecoin by market capitalization.
Tether node and explorer
Connect to Tether explorers and nodes to enjoy the best developer blockchain!
Here are some of USDT’s major advantages:
Stable Currency
Tether converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the offshore Chinese yuan.
100% Backed
Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). Every tether is also 1-to-1 pegged to the dollar, so 1 USD₮ is always valued by Tether at 1 USD.
Transparent
The value of our reserves is published daily. The value of our reserves matches or exceeds the value of all tethers in circulation.
Connecting to the USDT node via NOWNodes lets you focus on your blockchain project without worrying about anything else.
You get a fast connection to the full node, and our amazing API tools guarantee secure and reliable access to the blockchain via an RPC connection. We then monitor and maintain the node for you. And, you are free to ask our 24/7 support team any questions and get your answers in no time!