The article is focused on projects that have a limited number of coins and use coin burning to avoid the threat of depreciation due to the inflation of supply.

The core idea of Tether is to create a token backed by a real-world currency.
Tether has the power to print “new money” in accordance with new deposits of fiat money into the Tether Limited account; hence, its value is tied to the dollar reserves of Tether Limited. Tether tokens burning takes place in case of the Tether rate fluctuations; this is done to stabilize the rate, which should equate to 1USD.

Trading blog. Tools, bots, strategies.

Trading blog. Tools, bots, strategies.