Tether Tokens are assets that move across a blockchain just as easily as other digital currencies but that are pegged to real-world currencies on a 1-to-1 basis.
Tether Tokens are referred to as stablecoins because they offer price stability as they are pegged to a fiat currency. This offers users a low volatility solution when utilizing digital currencies.
All Tether Tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by Tether’s Reserves.
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