Cryptocurrency Q&A What does tether mean in money?

What does tether mean in money?

Silvia Silvia Thu Jan 02 2025 | 7 answers 1333
I've heard the term 'tether' in relation to money, but I'm not sure what it means. Can someone explain the concept of Tether in the context of finance or money? What does tether mean in money?

7 answers

ShintoBlessing ShintoBlessing Sat Jan 04 2025
It stands as one of the forerunners in the stablecoin domain.

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Ilaria Ilaria Sat Jan 04 2025
The platform provides stablecoins that are pegged to various fiat currencies.

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Federico Federico Sat Jan 04 2025
Among them is the US dollar, represented by USDT.

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CryptoKnight CryptoKnight Sat Jan 04 2025
Tether was conceptualized as a digital token designed for cross-blockchain usage.

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Michele Michele Sat Jan 04 2025
Tether also offers stablecoins linked to the Euro, denoted as EURT.

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