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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