I've been hearing a lot about
Tether USDT recently and I'm curious to know more about it. Could someone explain what tether USDT is and how it works?
6
answers
MountFujiView
Tue Mar 11 2025
This concept is crucial as it addresses the volatility concerns often associated with cryptocurrencies.
GeishaElegance
Tue Mar 11 2025
Tether (USDT) is a unique cryptocurrency designed to mimic the value of the U.S. dollar.
henry_taylor_architect
Tue Mar 11 2025
Its creators envisioned a stable digital asset that could function similarly to traditional dollars in the digital realm.
ZenMindfulness
Mon Mar 10 2025
To achieve this stability, Tether's value is tethered or pegged to the U.S. dollar.
IncheonBeautyBloom
Mon Mar 10 2025
Cryptocurrencies that serve as stable substitutes for traditional currencies like the dollar are collectively known as "stable coins."