{"document_id":"BLC-PDF-0005","slug":"tether","title":"Tether: Fiat currencies on the Bitcoin blockchain","authors":"Not named in this record","year":null,"date_label":"Historic library file. A publication year was not verified from the bytes in this build.","publisher":"Tether","paper_type":"Historic library file","category":"Credit and stable value","topics":["Stable value","Issued token"],"source_url":"https://tether.to/","source_label":"Publisher site. Not a claim that this URL is the historic PDF.","legacy_pdf_path":"/pdf/Tether-White-Paper.pdf","sha256":null,"sha256_note":"No hash is published. This build does not store those PDF bytes, so a checksum would be invented. Where a legacy path exists, it points at the Internet Archive copy of the old library.","version":"Historic library file Tether-White-Paper.pdf.","doi":null,"rights_status":"Rights uncertain","source_status":"Historic library path","use_status":"Legacy path remains. This page does not describe reserves.","licence":null,"licence_label":"No licence recorded. Rights status under review.","full_text":null,"full_text_reason":"Full text is not published on this page. Public availability is not a licence to republish a document. Blockchain Lab has not recorded a licence that permits an HTML transcription, a training set, or a retrieval corpus of the paper. Text on this page is Blockchain Lab's own wording, or a pointer to a study that is also Blockchain Lab's wording.","editorial_line":"The historic library files a Tether paper whose index line is fiat currencies on the Bitcoin blockchain.","canonical_url":"https://blockchainlab.com/research/corpus/papers/tether","record_url":"https://blockchainlab.com/research/corpus/papers/tether","study_url":null,"last_reviewed":"2026-10-01","last_checked":"2026-10-01","relationships":[{"rel":"Concept","label":"Stablecoin","href":"/learn/concepts/stablecoin"},{"rel":"Different design","label":"Dai, which names collateral instead of a fiat issuer","href":"/whitepaper/maker-dai"}]}