What is Tether (USDT)?
Tether USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by one US dollar which is held in the reserves of Tether Limited and can be redeemed through the Tether platform.
Have you ever wondered why Tether is such a common currency on different exchange sites? The cryptoasset market is known for its high volatility, but there are certain cryptocurrencies that maintain their stable value over time.