USDT

Share
Reading Time: < 1 minute

USDT or USD Tether is a crpytocurrency issued by Tether Limited. USDT is a stablecoin that is pegged to 1:1 US dollar, making its value more stable than other crypto assets. Stablecoin is a crypto asset that is designed to have the same value as a certain asset such as currency and gold.

USDT is the first stablecoin pegged to dollar AS. This stablecoin was launched in 2014 and become a cryptocurrency pair that is traded widely in various crypto exchanges in the world.

Read also: What is USDT?

Explore Other Vocabulary β†’