Tether vs. NEM
Compare key details of Tether and NEM 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.
Tether | NEM | |
---|---|---|
Available on Coinbase (2024)? | Yes | No |
Creator(s) | Brock Pierce, Reeve Collins, and Craig Sellars | Anonymous developers |
Start year | 2014 | 2015 |
Decentralized score (out of 5) | 1/5: Fully Centralized | 4/5: Decentralized with Influences |
Influences or central authority | Tether Limited | NEM Foundation |
Can be mined? | No | No |
New issuance method | Centralized Issuance | Proof of Importance (PoI) |
Maximum supply (in millions) | None; no fixed maximum | 8999 |
Percentage already issued (2024) | Not applicable | 100% |
Key functions (other than transactions) | none | smart contracts, apps, asset tokenization |
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