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Tether USDt USDT |
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£0.7491988 |
0 % (24h) |
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Marketcap |
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£131,826,616,573 |
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Volume 24h |
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£42,685,618,162 |
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.