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by 14 1705 days ago
I’m sorry I know nothing about Tether is it some sort of centralized money exchange? Sounds like it but I don’t know? Thanks
3 comments

They issue tokens on various blockchains. They've encoded in the smart contracts that they can freeze funds.
Tether is a stablecoin that is controlled by a company that can freeze it. So yes, it's centralized.
Tether is a crypto that attempts to peg itself to USD using dodgy corp debt and other paper money.