Tether (USDT) Price, Info & Live Chart

• Tether description

Tether (USDT) is a stablecoin introduced in 2014, designed to maintain a stable value by pegging it to a fiat currency, typically the US dollar. Each USDT token is backed by a reserve of real-world assets, providing stability amidst the volatility of the cryptocurrency market. Tether's transparency and liquidity have made it a popular choice for traders, enabling seamless conversion between cryptocurrencies and fiat currencies. It serves as a reliable medium of exchange and a store of value, offering users a hedge against market fluctuations. Tether's widespread adoption across cryptocurrency exchanges and platforms has solidified its position as the leading stablecoin in the industry. Despite occasional scrutiny and controversies surrounding its reserve holdings, Tether continues to play a crucial role in facilitating liquidity and stability within the crypto ecosystem.

• Summary

• Symbol: USDT
• Chain Name: ethereum
• Token Address: 0xdac17f958d2ee523a2206206994597c13d831ec7


• Website: Official Website
• Whitepaper: Official Whitepaper
• Explorer: Coin Explorer
• Announcement: Announcement Channel