Teda Dollar (USDT) is a dollar-based token with stable currency introduced by TEDA Company. USDT 1 USD = 1 USD. Users can exchange USD for USDT at any time.
The tether company strictly abides by the reserve guarantee of 1: 1, that is, every time it issues 1 USDT tokens, its bank account will be guaranteed by 1 USD. Users can query funds on the tether platform to ensure transparency.
Extended data:
Characteristics of TEDA currency
1, stable currency:
Tether converts cash into digital currency, anchoring or linking the prices of national currencies such as US dollar, euro and Japanese yen.
2 100% of people support:
In foreign exchange reserves, traditional currencies always support each currency at the price of 1 to 1. So 1 dollar? Always equal to $ 1.
3. Transparency:
Our foreign exchange reserves are published every day and subject to frequent professional audits. Everything in circulation always matches our reserves.
Baidu encyclopedia -TEDA coins