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1 · Ethereum Ecosystem · Fiat-backed Stablecoin · Near Protocol Ecosystem · Stablecoins · USD Stablecoin

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USDT Tether is the largest stablecoin, pegged to the US dollar (USD). Launched in 2014 by Tether Limited Inc., USDT aims to provide the stability of a traditional currency within the volatile world of cryptocurrency by maintaining a 1:1 value with the USD. It serves as a digital bridge between traditional finance and digital assets, allowing users to trade, hedge, and transact on blockchain networks without the volatility of other cryptocurrencies.