Are Tether and Bitcoin related? How Tether affects Bitcoin?

The purpose of Tether is to enable transactions between cryptocurrency exchanges with a rate pegged to the USD. What is more, Tether is the fifth-most widely held coin by value after Ethereum and Bitcoin, and the interest on this crypto is growing rapidly.

About Coinsbit

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Cryptoforce

Unlocking the full force of Crypto. By Indians. For the world. CryptoForce — India’s most technologically advanced cryptocurrency exchange.