Tether (USDT) Stablecoin Explained

USDT (Tether) is a stablecoin pegged to the US dollar's value. It is built on the Bitcoin blockchain using the Omni Layer Protocol, Ethereum, TRON, EOS, Solana, Algorand, and others. USDT can be used to store, send, and receive value in a decentralized manner, similar to Bitcoin. The key difference is that while the value of Bitcoin and other cryptocurrencies can fluctuate widely, the value of USDT is intended to remain stable, as it is pegged to the US dollar.…