Tether USDT is a type of cryptocurrency whose price does not changes, it is pegged to the dollar which means that 1 USDT is aiso $1. Due to the stability of the price of this token, it is suitable for storing value over time, thus providing stability of one investments and savings while also leveraging on the decentralization of cryptocurrencies. Tether converts cash into digital currency, to anchor or tether the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. The token peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that is equal in USD value to the number of USDT in circulations. The stated purpose of USDT is to combine the unrestricted nature of cryptocurrencies — which can be sent between users without a trusted third-party intermediary with the stable value of the US dollar. Founder of Tether USDT formerly called Realcoin w...