Tether USDt USDt

42220 · Fiat-backed Stablecoin · Stablecoins · USD Stablecoin

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USDt is a USD-pegged stablecoin issued by Tether. It is used for payments, trading, and as collateral across decentralized finance protocols on multiple blockchains. As one of the earliest stablecoins, it helped establish the model of maintaining a digital asset's value through reserves of fiat currency and other liquid assets.