Overview
USDT is the largest stablecoin by market cap, consistently above $100 billion, and the most traded asset in crypto by volume. Issued by Tether Limited (a subsidiary of iFinex, which also owns Bitfinex), it is deployed across more blockchains than any other stablecoin. USDT dominates trading pairs on centralized exchanges globally and is the primary dollar-equivalent liquidity layer in emerging markets.
Who Created USDT?
USDT was created by Tether Limited and launched in 2014. It is a Fiat-Backed stablecoin designed to maintain a stable value pegged to the US dollar.
Key Features
- +Largest stablecoin by market cap — consistently above $100 billion
- +Deepest liquidity on virtually every centralized exchange globally
- +Deployed on 10+ blockchains, making it the most cross-chain stablecoin
- +Dominant in emerging markets as a USD substitute (Turkey, Argentina, Vietnam)
- +Lowest slippage for large OTC trades due to massive supply
- +Accepted as collateral on nearly every DeFi protocol and CeFi lender
Where to Use USDT
USDT is available on Ethereum, Tron, Solana and 7 other networks. You can use it on centralized exchanges for trading, in DeFi protocols for lending and borrowing, or as a stable store of value to park funds between trades.
Official website: https://tether.to