|
Tether USDt USDT |
BUY
|
|
£0.749284 |
-0.01% (24h) |
|
|
Marketcap |
||
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£138,100,296,557 |
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|
Volume 24h |
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|
£34,358,769,800 |
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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.