<p>Stablecoins issuer Tether has pledged to donate $1 million to help support victims of Hurricane Dorian that devastated the northwestern Bahamas and caused significant damage to the Southeastern U.S. and Atlantic Canada.<br /> <br /> <a href="https://twitter.com/Tether_to/status/1171334920855273472?s=20">Announcing</a> the news on Tuesday, Tether <a href="https://tether.to/tether-pledges-1m-in-support-for-hurricane-dorian-relief/">said</a> the donation will be made through non-profit charitable organization Deltec Cares, which is working to help survivors of the Hurricane in The Bahamas region.<br /> <br /> Notably, this is the first-ever charitable initiative by Tether. It is also interesting to note that the firm has had a <a href="https://www.theblockcrypto.com/linked/2613/tether-announces-a-banking-relationship-with-deltec-bank-and-confirms-reserves/">banking relationship</a> with Deltec Bank &amp; Trust Limited, which is headquartered in The Bahamas. <br /> <br /> Tether has also invited its clients to support the relief effort for donations in Tether (USDt) via these two addresses: <a href="https://omniexplorer.info/search/12Rfdk9N2rNpQYqKzcALnZsoKjTG1if2V3">USDt Omni</a> and <a href="https://etherscan.io/address/0x424993354510156DE7AB3C15aa5CbFE657e7aB78">USDt ERC-20</a>.<br /> <br /> "All contributions will be sent to Deltec Cares (in USDt or, preferred, in cash) to help those in need recover from the devastation," said Tether.<br /> <br /> Last week, cryptocurrency exchange Binance's charity unit also <a href="https://www.binance.charity/hurricane-relief">started</a> a campaign to help support victims of Hurricane Dorian.</p>