$BTC
**Tether (USDT)** is a **stablecoin**, meaning its value is pegged to a stable asset, primarily the **U.S. dollar (USD)**. Launched by **Tether Limited**, USDT aims to provide the stability of fiat currency while leveraging the efficiency of blockchain technology. Unlike volatile cryptocurrencies like **Bitcoin (BTC)**, USDT maintains a 1:1 ratio with USD, making it a preferred choice for traders to hedge against market fluctuations. It operates on multiple blockchains, including **Ethereum, Tron, and Binance Smart Chain**. USDT is widely used in crypto exchanges for trading and liquidity management.
