Tether is a stablecoin pegged to the U.S. dollar, facilitating seamless trading between cryptocurrencies and fiat.

It boasts a market capitalization of $149.41 billion, making it the third-largest cryptocurrency. Tether's high liquidity and stability have made it a preferred choice for traders seeking to mitigate volatility.

Its widespread adoption underscores its role as a crucial tool in the crypto trading ecosystem.