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About Tether (USDT)
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Tether (USDT) is not available to users in the state of New York. New York users who deposit USDT into their Gemini accounts may lose access to their USDT.
Tether (USDT) is a stablecoin that aims to retain a 1:1 peg with the U.S. dollar. Founded in 2014, it has grown into one of the largest stablecoins by market capitalization. Tether claims to be backed 100% by reserves that include fiat currency and cash equivalents.
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Gemini supports the ERC-20 version of Tether (USDT). USDT can also be transferred across Bitcoin's Omni layer, EOS, and Tron. Gemini does not support or guarantee USDT’s 1:1 peg to the U.S. dollar.
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The pricing data and asset description above are for general informational purposes only and are not investment advice. Buying, selling, and trading cryptocurrency involves risks. You should consult with your own appropriately qualified and licensed advisors before engaging in any transaction on Gemini. Some data is provided by Messari, a third party that is not affiliated with Gemini.