USDT
Tether
USDT is the largest stablecoin by market capitalization, pegged 1:1 to the US dollar and issued by Tether Limited.
Launched in 2014, Tether was one of the first stablecoins and remains the most traded. It operates on multiple blockchains and is widely used for trading and transfers. Tether claims reserves backing includes cash, cash equivalents, and other assets, though it has faced regulatory scrutiny over reserve transparency.
Related Terms
Stablecoin
A stablecoin is a type of cryptocurrency designed to maintain a stable value by pegging it to a rese...
USDC
USD Coin
USDC is a regulated stablecoin pegged 1:1 to the US dollar, issued by Circle and governed by the Cen...
USD
United States Dollar
USD is the official currency of the United States and its territories. It's the world's primary rese...
Cryptocurrency
Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates on ...
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