Review on Tether by Daniel Stephen

Tether is a virtual currency used to bridge the cap between the centralised financial system and the decentralised financial blockchain system. Tether is often represent by the symbol ( USDT). It's is the token with which many traders perform their trade transactions daily and it's one of the reason it has huge market Cap. The price of one Tether is equal to one U.S Dollar. Tether has made it more easier for traders to quantify their virtual assets in fiat currency cause it allows them to know exactly how much each virtual asset Worth's more so it now used as the standard trade pair for all virtual assets that can be exchanged for each other. Being a stable coin price stability is being maintained that's why it has the same price with the U.S Dollar, with that it helps traders manage risk most especially with the current bearish market that has been experience for the last 2 months, most traders were able to convert their assets to USDT in order to manage their portfolio and still make more profits when the market eventually gets back track.