NEM vs. Tether
Compare key details of NEM and Tether side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| NEM | Tether | |
|---|---|---|
| Available on Coinbase (2024)? | No | Yes |
| Creator(s) | Anonymous developers | Brock Pierce, Reeve Collins, and Craig Sellars |
| Start year | 2015 | 2014 |
| Decentralized score (out of 5) | 4/5: Decentralized with Influences | 1/5: Fully Centralized |
| Influences or central authority | NEM Foundation | Tether Limited |
| Can be mined? | No | No |
| New issuance method | Proof of Importance (PoI) | Centralized Issuance |
| Maximum supply (in millions) | 8999 | None; no fixed maximum |
| Percentage already issued (2024) | 100% | Not applicable |
| Key functions (other than transactions) | smart contracts, apps, asset tokenization | none |
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