- Tether's <b>USDT</b> Market Cap Surpasses $15 Billion as Ether Miner Revenues hit Five-year High
- New Bitcoin-Stablecoin Metric Reveals 'Intense' Buy Pressure – Analyst
- DeFi plummets: 3 reasons for the 46% correction from YFI, UNI, DEX tokens
- How to Use TomoDEX
- Darico Ecosystem Coin Price Changed by -9.9 percent. Scam Darico Ecosystem Coin or not?
Tether is a cryptocurrency that’s meant to be backed one-for-one by the US dollar. The idea is to have the price stability of the dollar combined with the operational ability of a cryptocurrency. It’s what people in the crypto world call a “stable coin.”
The cryptocurrency was created in 2015, originally called Realcoin, and there is $2 billion-worth of so-called USDT in circulation today, according to industry data source CoinMarketCap.com. It was hit by a $31 million hack last November.