Electronic Money Exchange Monitor

Exchange Sberbank KZT to Tether USD
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Sberbank is the largest bank of Russia. Its assets make a quarter of this country banking system and a third of the Russian banking capital. Sberbank has the largest network of subsidiaries and branches throughout the country: around 20 thousand offices. Sberbank was established in 1841 and its reliability and flawless reputation are testified by high ratings of Fitch Ratings, Moody’s Investors Service and others.

Tether is a system using blockchain technologies to convert cash to/from digital money while anchoring or tethering the value of its cryptocurrencies to the price of national currencies such as US dollar, euro, etc. An automatic proof of reserves process for money deposited in the Tether system is a nice and efficient alternative to traditional proof of solvency methods for electronic wallet holders.