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What is Tether

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Apr 22, 2024 pm 02:58 PM

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What is Tether? What is Tether used for? This is an issue that many netizens are concerned about. Next, the editor of PHP will introduce the meaning and function of Tethercoin. Interested netizens should follow the editor to take a look!

What is Tether

##Introduction to the meaning and function of Tether

1. Tether is a

cryptocurrency, its uniqueness lies inAnchored to fiat currency, usually USD.

2. Tether aims to maintain a fixed value relationship with the anchor currency, that is, 1 Tether is equal to 1 US dollar.

3. This feature distinguishes it from the higher volatility of other cryptocurrencies and provides investors with a stable store of value.

4. The stability of Tether has made it widely recognized in the cryptocurrency market and is considered a reliable bridge between legal tender and cryptocurrency.

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