Tether, a type of cryptocurrency called a stablecoin, is getting more attention! Stablecoins try to stay at the same value as a real-world currency, like the U.S. dollar. This is important because regular cryptocurrencies, like Bitcoin, can go up and down in price a lot.
- The White House is thinking about new rules for stablecoins. This could make things clearer for everyone.
- Tether is growing quickly, especially in places where people don't have easy access to banks.
- Tether partnered with a big financial company, Cantor Fitzgerald, which shows people are starting to trust stablecoins more.
- Tether isn't based in the U.S. because many people around the world want to use U.S. dollars more easily.
Fact | Number |
---|---|
New Tether wallets added each quarter | 40 million |