Tether Platform currencies are 100% backed by actual fiat currency assets in our reserve account. Tethers are redeemable and exchangeable pursuant to Tether Limited’s terms of service. The conversion rate is 1 tether USD₮ equals 1 USD.
Since a lot investors sit on huge unrealised cryptocurrency profits, I believe that it is a good idea, to secure initial investment in tether under current tether Prices below 1USD.
Because if a currency has 10 fold its value, it is clear that there will be a huge correction one day.
For example, if you was invested with 5000USD 3 Month ago, your depot will be at least 20000USD currently, so selling cryptocurrency for 5000 USD and buying Tether would secure your investment. You would profit from the gains of tether while being invested and probabyly profit from the price gains of tether..
My Target for tether is 1.20 USD in like 1 month..