What is Tether (USDT)? | The Ultimate Beginner’s Guide

What is Tether (USDT)? | The Ultimate Beginner’s Guide

What is Tether

What is Tether (USDT)? | The Ultimate Beginner’s Guide

Tether is a cryptocurrency token pegged or “tethered” to the US dollar, so 1 Tether (USDT) is always equivalent to 1 US dollar (USD). To use an analogy, Tether is a bit like a casino chip. Casino chips represent money without being money. However, in theory, at the casino, you can always exchange the casino chip into cash. Tether works on a…

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