Tether with the symbol USDT is actually a digital version of the US dollar, which has now been converted into digital currency by the Hong Kong company Tether Limited.
The USDT is the equivalent of the US dollar formed in the cryptocurrencies market to offset sharp fluctuations in digital currencies.
I have always believed that the cryptocurrency market could not have reached its high position today without tether.
The main reason for using tether is to provide stability and balance in the volatile digital currency market, and it is used by blockchain-based companies, cryptocurrency exchanges, ordinary people and traders.
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