#Binance250Million $BTC

USDT.

USDT (Tether) is a stablecoin, a type of cryptocurrency designed to maintain a stable value by being pegged to a reserve asset, typically the US Dollar. Launched in 2014, USDT operates on various blockchain platforms, including Ethereum, Tron, and Binance Smart Chain. It is widely used in cryptocurrency markets for trading, hedging against volatility, and transferring value globally with minimal fees. Each USDT is claimed to be backed 1:1 by reserves, though this has faced scrutiny. Its stability and liquidity make it a popular choice among traders and businesses, bridging the gap between fiat currencies and digital assets.