Tether

Tether is a stablecoin pegged to the US dollar and widely used for trading and liquidity in crypto markets.

Tether is a stablecoin designed to maintain a value pegged to the US dollar and is widely used in crypto markets to provide liquidity, reduce volatility and facilitate fast transfers across exchanges and platforms.

A centralized stablecoin pegged to the US Dollar. It works by maintaining a reserve of traditional currency and cash equivalents (like treasury bills) to back every token issued 1:1, allowing traders to move in and out of volatile assets quickly.

Price Stability & Trading: Used as a digital US Dollar to park funds during market volatility, settle cross-border payments, and serve as the primary liquidity pair on almost every crypto exchange.

Fiat-Backed Liquidity: A centralized stablecoin where each token is backed 1:1 by physical reserves of USD and treasuries. It is used as a "safe haven" during market volatility, a primary trading pair on exchanges, and for high-speed cross-border settlements.