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What Is Tether (USDT)?

By Lyle Daly – Updated Feb 22, 2025 at 9:49AM

Key Points

  • Tether, pegged to the U.S. dollar, offers stable value for transactions and savings in digital currency.
  • High trading volume of Tether facilitates better liquidity, optimizing ease for trading on major platforms.
  • Despite controversies, Tether provides opportunities for passive income through decentralized lending platforms.

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