Tether USD token
Overview
Tether USD (USDT) is a stablecoin pegged to the US dollar, issued by Tether Limited. It is used primarily as a medium of exchange and store of value in cryptocurrency markets, facilitating trading and hedging.
Within the DeFi Intel graph, Tether USD connects to 176 tracked entities, most strongly to Tether, Tether, Ethereum.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 176 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Tether | 99% |
regulated_by | Tether | 99% |
deployed_on | Ethereum | 95% |
deployed_on | Solana | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Polygon | 95% |
competes-with | USD Coin | 95% |
deployed_on | Avalanche | 95% |
issues | Tether | 95% |
governs | Tether | 95% |
Frequently asked questions
What is Tether USD?
Tether USD (USDT) is a cryptocurrency token designed to maintain a 1:1 value with the US dollar, issued by Tether Limited on multiple blockchains.
How does Tether maintain its dollar peg?
Tether maintains its peg through a combination of reserve assets (including cash, cash equivalents, and other investments) and market arbitrage mechanisms that align supply with demand.
What are the primary use cases of USDT?
USDT is widely used for crypto trading as a stable trading pair, for remittances, and as a temporary store of value in volatile markets.
What is Tether USD connected to?
In the DeFi Intel knowledge graph, Tether USD is linked to 176 other tracked entities, most strongly to Tether, Tether, Ethereum.
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