Tether (USDT)
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About USDT
Tether (USDT) is a leading stablecoin in the cryptocurrency market, known for maintaining a 1:1 peg with the US dollar. Launched by Tether Limited, USDT is designed to combine the stability of the dollar with the efficiency of digital currency. Tether is widely used for trading and as a stable store of value within the volatile cryptocurrency market. It operates across multiple blockchains, offering high liquidity and versatility. By enabling seamless transfers and providing a stable digital asset, Tether has become a core asset in the crypto ecosystem. Its transparency and reliability make it a popular choice for individuals and institutions alike. Tether can be bought, sold, and traded on various exchanges, including our Tether Markets page, which offers live USDT prices, historical data, and market insights. Stay informed on Tether news, price stability, and usage trends to maximize its benefits within the crypto landscape.
Convert Fiat to Tether
News
12 Legacy Bitcoin Wallets Move 1,200 BTC After 9 Years of Silence
With bitcoin gliding above the $94,000 mark, long-slumbering hoards have begun to stir with growing regularity. On Friday, 12 distinct legacy wallets—dormant for nine years and five months—dispatched 1,200 BTC, their inaugural move since creation. 1,200 Sleeping Bitcoins From 2015…
Bitcoin ETFs Pull in $442 Million as Inflow Streak Continues
Bitcoin ETFs saw another day of strong inflows, drawing in $442 million as Blackrock’s IBIT continued to lead the pack. Ether ETFs also broke their short-lived slump with a $63.49 million net inflow, led by Blackrock and Grayscale. Bitcoin ETFs…
BloFin Launches Mastercard Crypto Card Enabling Secure and Effortless Payments
This content is provided by a sponsor. PRESS RELEASE. Dubai, UAE, April 25th, 2025 – BloFin, a global leading cryptocurrency exchange, is proud to announce the official launch of the BloFin Card. The BloFin Card, now available as a virtual…
Bitcoin Price Watch: Key Resistance at $95.5K Holds the Next Bullish Trigger
Bitcoin is consolidating just beneath its recent peak, following a sharp rally that pushed it to the upper bounds of this week’s trading range. The sustained strength in price action and volume highlights strong bullish sentiment, though key resistance at…
Central Bank of Russia Updates Digital Ruble Roadmap; Launch Slated for 2026
The Central Bank of Russia announced that large payments using the digital ruble framework will debut in 2026, providing an official update after the postponement of its launch in March. Central Bank of Russia: Digital Ruble to Be Launched in…
Frequently Asked Questions about Tether
What is Tether (USDT)?
Tether (USDT) is a stablecoin pegged to the US dollar, providing a digital currency with minimal volatility. Launched by Tether Limited, USDT is used for trading, holding value, and as a bridge between traditional currency and the crypto ecosystem.
How does Tether maintain its dollar peg?
Tether maintains its dollar peg by holding reserves equal to the amount of USDT in circulation. This ensures that each USDT token is backed 1:1 by fiat currency, maintaining price stability in the crypto market.
Where can I use Tether?
Tether is widely accepted on most major crypto exchanges and can be used for trading, lending, and payments. Check out our Tether Markets page to buy, sell, and trade USDT with access to live prices, historical data, and market insights.
What are the benefits of using Tether?
Tether provides a stable digital currency pegged to the US dollar, minimizing the price fluctuations typical in cryptocurrencies. This stability makes it ideal for traders, investors, and individuals seeking a stable digital asset.
How can I store my Tether securely?
You can store Tether in various wallets, including hardware options like Ledger and Trezor for secure, offline storage. Mobile wallets like Exodus also support Tether for convenient access and use.
Is Tether a good investment?
Tether is primarily used as a stable digital currency rather than an investment. However, its stability makes it a preferred choice for traders seeking to hold assets in a stable currency without leaving the crypto ecosystem.
Can Tether be used for payments?
Yes, Tether can be used for digital payments and as a medium of exchange, providing a way to transact with a stable digital currency across platforms that accept USDT.