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Tether (USDT)

What is Tether ?

Tether (USDT) is the first and still the most-popular stablecoin. It’s called a stablecoin, because one USDT always corresponds in value to one unit of the currency it has been tethered (in this case, the U.S. Dollar). Due to its popularity, USDT is the most liquid stablecoin. This is useful to traders who sometimes need to avoid market volatility by quickly converting their crypto to stablecoins. The USDT token exists on several different blockchains, the most popular one being Ethereum (ERC-20). Other Tether-supporting blockchains include TRON, Algorand, Solana, EOS, and the OMG Network.

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