What is Usdt? 💰💵
Launched in 2014, Tether is a blockchain-based platform designed to facilitate the use of fiat currencies in a digital form.
Tether has progressed by offering its customers the ability to transact with traditional currencies through a blockchain, without the volatility and complexity inherent in digital currencies.
Tether tokens exist as digital tokens created on several leading blockchains, including Algorand, Celo, Cosmos, Ethereum, EOS, Liquid Network, Solana, Tezos, Ton, and Tron.
Each Tether token is 100% backed by reserves, which include traditional currency, cash equivalents, and other assets, including accounts receivable from loans made by Tether to third parties.
And you, do you use Tether or what stablecoin do you prefer? Leave it in the comments! 👇😘