Launched in 2014, Tether (USDT) pioneered the stablecoin model and is the most widely traded currency. All Tether tokens are pegged one-to-one with their corresponding fiat currency (e.g.1USDT=1USD) and are 100% backed by Tether's reserves. This means that every USDT can be exchanged for a dollar at any time.

In simple terms, USDT is a digital dollar, and each USDT is backed by real dollars. That is to say, your current income will always be equal to the dollar value, and will not be affected by inflation and currency devaluation.

Related