# Tether

`kaal:entity:tether`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `tether`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 2 works, 2019 to 2019.

**2019**

- [3396522-004](https://wulfkaal.github.io/claims/3396522-004) [empirical/evidenced] -- Tether's growth in market capitalization, its stability around one dollar, and investors' use of it as a temporary safe haven provide some empirical support for the proposition that stable cryptocurrencies can create market stability.
  > The rise of an early stable cryptocurrency design, Tether, in terms of its total market capitalization,169 its stability around $1 value, and investors' uses of Tether as a temporary safe haven, provide some support for stable cryptocurrencies' ability to create market stability.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522
- [3396522-005](https://wulfkaal.github.io/claims/3396522-005) [failure/asserted] *(failure mode)* -- Every stable cryptocurrency project, Tether included, remains afflicted with significant design challenges; no existing design has solved the stability problem.
  > Like all other stable cryptocurrency projects, Tether is still afflicted with significant design challenges.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522
- [3411897-020](https://wulfkaal.github.io/claims/3411897-020) [failure/argued] *(failure mode)* -- Tether, like every other stable cryptocurrency project, remains afflicted with significant design challenges, even though its market capitalization and stability around one dollar give some support for stable cryptocurrencies' capacity to create market stability.
  > Like all other stable cryptocurrency projects, Tether is still afflicted with significant design challenges.
  Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/tether.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.