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Tether USDt USDT |
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€0.8587121 |
0.03 % (24h) |
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Marketcap |
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€155,008,479,939 |
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Volume 24h |
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€86,420,403,250 |
Description
Tether (USDT) is the most widely used stablecoin in the world, designed to maintain a 1:1 price peg with the United States Dollar. It acts as a bridge between fiat currencies and digital assets, allowing traders to hedge against market volatility without exiting the blockchain ecosystem. USDT is issued by Tether Limited and is backed by a reserve of cash, cash equivalents, and other high-quality assets. It is available on numerous blockchains, making it an essential tool for liquidity in decentralized exchanges and lending platforms.