Tether is a cryptocurrency built on the Bitcoin blockchain that allows you to store, send and receive tether coins. It functions like any other coin that is traded in exchange for fiat money (e.g., USD). There are presently no limits to how many tokens can be stored by users on the Tether platform, but there are limitations imposed by the wallets themselves.
But some things about tether coin seem very peculiar. The most outstanding of which seems to be their 2 billion dollar market cap value even though it has only existed for just over one year. Other than this there doesn’t seem to be much of an explanation as to why it has seen such significant growth so fast..