XPAY KNOWLEDGE
Industry WIKI
Digital assets and currencies
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Stablecoins
Tether (cryptocurrency)
Tether is a stablecoin—a digital currency whose value aims to maintain a stable value relative to the United States dollar—launched by Tether Limited in 2014. It is represented by its currency codes USD₮ and USDT.
AssetsTether Limited
Tether Limited is a financial technology company that issues the Tether stablecoin (USDT), the world’s largest stablecoin by market capitalization. Founded in 2014, Tether pioneered the concept of fiat-backed digital currencies pegged 1:1 to traditional currencies (initially the U.S. dollar). USDT has become a key source of liquidity in the cryptocurrency market, with over $170 billion i