Tether (USDT) is a special kind of cryptocurrency called a stablecoin. Unlike Bitcoin, which can go up and down a lot, Tether tries to always be worth one US dollar. It's like having digital dollars! This makes it useful for people who want to avoid the risks of regular crypto.
- Tether is designed to stay at $1.
- It's used a lot in online crypto trading.
- It's built on other crypto systems, not its own.
- Some people question how Tether keeps its value.
| Fact | Detail |
|---|---|
| Started | 2014 |
| Value | Pegged to the US dollar ($1) |
| Use | Trading, payments |
