Tether (USDT) is a digital currency that is pegged to the US dollar. Each Tether is backed by one US dollar, so you can always redeem your Tethers for cash.

Tether is a stablecoin, meaning it is designed to maintain its value relative to the US dollar. This makes it useful for hedging against volatility or for making payments in USD without having to convert to another currency first.

Tether is also transparent, meaning that you can always check the reserves that back up the Tethers in circulation. This provides peace of mind that your Tethers will always be redeemable for cash.

If you’re looking for a digital currency that is stable, transparent, and backed by the US dollar, Tether is a great choice.