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Tether (USDT)

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Tether (USDT) is a cryptocurrency asset that falls under a new category of cryptocurrencies. These are known as stablecoins and are tied to the dollar, the global reserve currency. It was originally designed to always equate to $1.00 and its main aim is to keep the valuation of the cryptocurrency stable. Tether is based on the Omni blockchain and was first traded in February 2015.