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Tether (USDT) is one of the stablecoins available on the broadly understood digital currency market. This cryptocurrency was created to ensure a stable price in the long term. USDT was developed by Tether Limited to then function in the cryptocurrency market as an online digital dollar. The math of USDT is that every single Tether token has a value of $ 1.00 and is also backed by $ 1.00 in physical reserves. Tether is an extremely popular cryptocurrency and is used by millions of blockchain users. USDT is frequently traded, secured, and operated on various blockchain networks every day - without the need to use a trusted broker as a third party. Nevertheless, despite the fact that USDT is a very popular asset in the digital currency markets, Tether has a controversial history primarily due to the company's alleged role in influencing Bitcoin's price as well as mismanaging its reserves. Currently, USDT is the third largest cryptocurrency by market capitalization according to coinmarketcap.com


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