Tether Invests in t-0 Network to Advance Stablecoin-Based Settlements

The issuer of USDT stablecoin backs a USD₮-powered network designed to offer near-instant, low-cost cross-border payments for licensed institutions.

USDT

Summary

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Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as the U.S. dollar, to minimize price volatility.
  • USD₮: The U.S. dollar-pegged stablecoin issued by Tether, widely used in digital asset trading and settlements.
  • Cross-border payments: Financial transactions that transfer funds between institutions or individuals in different countries.