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Definition | : | Tether |
Category | : | Computing » Cryptocurrency |
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: | Worldwide
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Tether (symbol: USDT) is a cryptocurrency that is hosted on the Ethereum blockchain with tokens issued by Tether Limited.
USDT is a stablecoin that's pegged to the United States Dollar (USD). This means that 1 USDT is approximately 1 USD at all times.
A stablecoin is a type of cryptocurrency that’s pegged to other stores of value like fiat currency or commodity money like gold. It aims to keep cryptocurrency valuations stable.
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United States Department of the Treasury
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Unacknowledged Segmented Data Transfer
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The full form of USDT is Tether
Tether | Ultra Slim DeskTop | Unacknowledged Segmented Data Transfer