What is Tether (USDT)?

Tether (USDT) is a stable cryptocurrency that is pegged to the value of the US dollar.
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What is Tether (USDT)?

Tether (USDT) is money built for the internet.

By leveraging Blockchain technology, Tether (USDT) allows you to store, send and receive digital tokens pegged to dollars person-to-person, globally, instantly, and securely for a fraction of the cost of any alternative.
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Backed 100%
by US dollars

For every Tether (USDT) that exists, US$1 is held in a bank account. The token was launched with this 1:1 USD/USDT ratio, however the USD reserve has since decreased. The popularity and number of transactions makes the price of USD/USDT constant at 1:1.

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Bridge
between fiat and crypto

Tether (USDT) combines the efficiency, security, and transparency of the blockchain with the usability and value of fiat currencies.

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Other
stablecoins

Tether also offers euro, yuan, and gold stablecoins, allowing holders to diversify their holdings across currencies and commodities.

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Counterparty
risk potential

Tether (USDT), as with all stablecoins, carries significant counterparty risk because its price stability is achieved by the issuer maintaining credibility through sufficient reserves. If anything were to happen to this credibility, the value of the stablecoin could be called into question.