Cryptocurrencies like Bitcoin and Ethereum are powered by a technology called the blockchain.
Tether (USDT) is a cryptocurrency with a value meant to mirror the rate of the U.S. dollar. The idea was to create a stable digital cash.
Tether converts cash into digital currency; It anchors or “tether” the value of the coin to the price of national currencies like US dollar, Euro, and Yen.
Cryptocurrencies and the blockchain technology that powers them makes it possible to transfer value online without the need for a middleman like a bank or a credit card company.