# Tether

Tether tokens are one of the first and most used stablecoins. They are also one of the most traded tokens by volume. Tether tokens (USDT) are pegged at 1-to-1 with a matching fiat currency and backed 100% by Tether’s reserves.

## The most widely adopted stablecoin

Tether aims to keep cryptocurrency estimations stable, unlike the price swings of other cryptocurrencies like Bitcoin and Ethereum. This way it can be used as a means for exchange and storage of value as well as supporting and empowering blockchain innovation.

## Related

- [What we support](/what-we-support) · [Contracts Data](/products/contracts) · [Developer portal](https://developers.cryptoapis.io/)