What is Tether? The Tether definition is fairly simple. Tether (USDT) is a stablecoin cryptocurrency, with each token aimed at tracking the value of 1 U.S. dollar. Assets pegged to the value of national currencies (fiat currencies) are called stablecoins. Participants can sell other cryptocurrencies for USDT to protect against volatility while maintaining the ability to send the asset to personal wallets or storage. Ethereum, as well as other blockchains, host USDT.
Trading a Bitcoin/Tether, or BTC/USDT, pair is an option on some crypto exchanges or platforms. Cointelegraph’s Tether Price Index shows various data on the asset, including its market cap, along with its price, which should remain close in value to the U.S. dollar.
Habang umaabot sa $300 bilyong market cap ang mga stablecoin, sinabi ni Bhau Kotecha ng Paxos Labs na ang mga AI agent ay maaaring gawing bentahe ang pagkakawatak-watak ng market sa pamamagitan ng pagruruta ng liquidity sa mga nangungunang issuer.
Ayon kay Vitalik Buterin, ang mga DeFi protocol na mababa ang panganib ay maaaring magbigay ng stable revenue para sa network, tulad ng ginawa ng Google Search para sa Google, habang sinisiguro ring mananatiling buo ang core values ng Ethereum.
Sinusuportahan na ng PayPal ang isang permissionless na bersyon ng PYUSD stablecoin nito sa Tron, Avalanche, at ilang iba pang blockchain, na ginagamit ang LayerZero at ang Stargate Hydra bridge nito.