What is Tether (USDT)?

USDT Tether explained in simple terms. Tether USDT is the most widely used crypto stablecoin by individuals and institutions alike. But what is the digital dollar backed by? Tune in to find out.

Information provided is for informational purposes only and should not be considered financial advice. Investing in crypto assets is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Past performance is not indicative of future results.

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bitcoin
Bitcoin (BTC) $ 16,151.56 2.51%
ethereum
Ethereum (ETH) $ 1,159.99 4.57%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 291.32 6.87%
usd-coin
USD Coin (USDC) $ 1.00 0.05%
binance-usd
Binance USD (BUSD) $ 0.999641 0.16%
xrp
XRP (XRP) $ 0.380969 6.33%
dogecoin
Dogecoin (DOGE) $ 0.093673 9.57%
cardano
Cardano (ADA) $ 0.304978 4.36%
matic-network
Polygon (MATIC) $ 0.816168 5.38%