19-10-2023 21:52 via newsbtc.com

What is USDT? All About Tether Stablecoin Cryptocurrency

USDT, also known as Tether, has become an integral part of cryptocurrency markets since its launch in 2014. Pegged 1:1 to the US dollar, it is the most widely used stablecoin with a market capitalization of over $83 billion as of October 2023. But it is also controversial, with opaque reserves and questions around its long-term viability.
Here is an in-depth look at how USDT works, its importance in crypto, and the risks it presents.
What is USDT? Overview of Tether Stablecoin Cryptocurrency
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