Tether (USDT) It is a cryptocurrency with tokens by Tether (USDT) Limited, which in turn is controlled by the owners of Bitfinex. The original design was always worth $1.00, maintaining $1.00 in reserves for each tether issued. While, according to its 2021 settlement with the New York Attorney General Letitia James, “Tether (USDT) represents to users that any…