USDT

Tether (USDT) is a cryptocurrency designed to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stablecoins.” Tether is the most popular stablecoin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency to anchor, or “tether,” the value of the coin to the prices of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos, it uses blockchain.