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  3. /USDT (Tether)
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cryptocurrency

USDT (Tether)

The largest stablecoin by market cap, pegged to the US dollar.

Definition

The largest stablecoin by market cap, pegged to the US dollar. Tether has faced controversy over whether it's fully backed, but it remains dominant in trading pairs. Many traders use USDT despite the concerns because of its liquidity.

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GuideStablecoins Guide

Related Terms

Stablecoin

A cryptocurrency designed to maintain a stable value, usually pegged to the US dollar.

USDC (USD Coin)

A stablecoin pegged 1:1 to the US dollar, issued by Circle (co-founded with Coinbase under the Centre Consortium).

Peg

A fixed exchange rate between two assets.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

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The intersection of artificial intelligence and blockchain technology.

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A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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