Tether (Omni Layer, ERC20)

Stable digital cash

Tether is a cryptocurrency that uses Tether tokens as its native tokens, which are defined as USDT. Tether’s coins are backed up by an equival;ent of actual fiat currencies, like the dollar and the euro.

Tether - a stablecoin

Tether is what it’s known as a “stablecoin”. It aims to keep cryptocurrency estimations stable, unlike the various price swings in other cryptocurrencies like Bitcoin and Ethereum. This way it can be used as means for exchange and storage of value.