Tether’s latest $1 billion issuance marks its first large-scale USDT creation in a significant period, potentially impacting stablecoin liquidity in the crypto market.
USDT
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Terms & Concepts
USDT (Tether): A U.S. dollar-pegged stablecoin used to maintain price stability in cryptocurrency transactions.
Stablecoin: A cryptocurrency designed to maintain a stable value, often pegged to a fiat currency like the U.S. dollar.