What is Tether USDT Crypto Casino?
Tether USDT Crypto Casino is a cryptocurrency created on the Ethereum blockchain with tokens issued by Tether Limited. And controlled by the owners of Bitfinex. Tether is a stablecoin, precisely because the crypto coin was originally designed to be worth USD 1.00, maintaining $1.00 in reserves for each Tether issued to date.
How does Tether Casino operate?
Tether Limited accepts fiat deposits and withdrawals on behalf of customers and is responsible for “minting” and destroying Tether tokens in accordance with the reserves they manage. Tether was originally launched and issued on the Bitcoin blockchain via the Omni Layer protocol, a platform used to create and trade digital assets “on top” of Bitcoin.