Electronic Money Exchange Monitor

Exchange Wire Transfer USD to Tether USD
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Payment system details

Bank Transfer (Wire Transfer) is a transfer of money to a bank account. It's one of the most popular way to pay in the world. As a rule, the recipient needs to have a bank account to receive money. However there are many banks that allow this transaction without opening a bank account.

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.