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About Tether
Tether (USDT) is a stablecoin designed to maintain a 1:1 value peg with the US dollar, enabling users to transfer value across blockchain networks without experiencing price volatility. It operates on multiple blockchains including Ethereum, Bitcoin, and Tron, making it widely accessible and highly liquid for cryptocurrency trading and settlements. What distinguishes Tether is its position as the most widely used stablecoin globally, with the largest market capitalization in its category, though it has faced ongoing scrutiny regarding the adequacy of its dollar reserves backing the token supply.
