We are expanding our list of supported assets by incorporating one more token this week.
About Tether (USDT)
Tether, also known as USDT, is a stable coin which claims to be backed by actual assets or traditional fiat currencies stored in the Tether platform’s reserve account. Tether converts cash into digital currency to anchor the value to the prices of fiat currencies. One tether is equivalent to one unit of the currency backing it like USD.
Tether is different from other cryptocurrencies due to it being anchored or “tethered” to actual currencies that hold value. This prevents it from the volatility that other cryptocurrencies experience. The creation of this token facilitates organizations like exchanges, wallets, payment processors, financial services and ATMs, to utilize fiat-backed tokens on blockchains without any hassle.
Tether leverages the decentralized Blockchain Technology to facilitate the storage and peer to peer transaction of digital assets on a global scale. This transaction is instant, secure and costs a fraction of the amount that is charged by its alternatives. Tether is built in a manner that it is completely transparent at all times.
About COSS Wallet
COSS Wallet allows you to securely store, send/receive crypto via GPS using the Near-by feature. It gives you complete control over your crypto and enables access to all your crypto private keys with one master password. We now support 33 cryptocurrencies, across 9 blockchains.
COSS Wallet offers various in-app services:
- COSS Star Rating — Earn COSS Plus reward points on every next star rating you achieve.
- Address Book feature — Save your wallet addresses just as you save your contacts.
- Mobile bill payments & Recharges — Make prepaid mobile recharges and pay postpaid mobile bills using supported cryptocurrency across 160+ countries
- Instant cryptocurrency conversions — COSS Wallet allows you to convert your cryptocurrency instantly
- Send and Receive crypto with an industry-first GPS-based “Near-By” feature — Now transfer cryptocurrencies instantly nearby without any hassle via GPS.
We are making every effort to bring the best services to our users and expand our partnerships.