The USDT is launched by Tether Limited, one of the world's largest cryptocurrency trading platforms, Bitfinex.
The users deposit the US dollar in Ted's bank account.
The Ted company offers a US dollar voucher equal to one US dollar, that is USDT.
Ted claims to have a 100% asset reserve and users can trade USDT back to US dollars on its platform 1:1. At present, USDT has become the basic anchoring currency of the mainstream exchanges, with a flow of 2 billion US dollars, and the price is basically stable at 1 US dollar.
More information please refer:https://tether.to/
Trading start time: September 11, 2018.