Published in

The Capital

Blockonomist Staff

Apr 5, 2021

3 min read

Why Tether is a unique Coin in the Crypto World? Is USDT the Future of Cryptocurrencies?

Tether, a blockchain-based cryptocurrency, was launched in 2014 and is one of the cryptos to be pegged to the US Dollar. Its coins are backed by an equal amount of fiat currencies, such as the dollar. Tether is a stablecoin whose aim is to keep the prices of cryptocurrency stable.

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