USDT (Tether) is a type of cryptocurrency called a "stablecoin," which aims to keep a steady value, usually pegged to the US dollar (1 USDT = $1). Unlike volatile assets like Bitcoin or Ethereum, USDT is designed for utility, acting as a bridge between the traditional finance system and the digital asset economy. It is widely used by traders as a stable store of value to enter and exit trades, to hedge against market volatility, and to facilitate fast, low-cost international transfers on various blockchain networks, including TRON and Ethereum. In recent developments, Tether has expanded its regulatory footprint, gaining approval for listing on major traditional exchanges, such as the Moscow Exchange, for retail trading, while continuing to hold the largest market capitalization among all stablecoins.
