What is Tether (USDt), and how does it work?
USDt explained for beginners: Learn how Tether works, why it’s popular and how it stacks up against other stablecoins.
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USDt explained for beginners: Learn how Tether works, why it’s popular and how it stacks up against other stablecoins.
USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.
Tether is moving its operations from the British Virgin Islands to El Salvador after being granted a Digital Asset Service Provider license.
Agora’s AUSD is the latest entrant into the burgeoning stablecoin market.
Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America.
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
The stablecoin is also more widely distributed across blockchain networks.
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.
The Swiss Bitcoiners must rack up 100,000 signatures from Switzerland’s 8.92 million residents by June 30, 2026, to trigger a public referendum.
