What is Tether (USDT)? If you, reader, have been interacting with cryptocurrencies and assets for any length of time - and especially if you’ve been trading cryptoassets - the utility of stablecoins has probably become clear by now.Īs long as you don’t need to exchange your crypto for actual fiat money, stablecoins allow you to mimic the function of cash within the crypto-universe - specifically, the function of stability.
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