If you want to know a lot about Tether like what it is and how it works without going into the depths, then this article is perfect for you.
What is Tether?
Launched in 2014, Tether is a crypto issued by Tether Limited. It is a platform designed to make the usage of fiat currencies smoother (Fiat currency is a currency that is owned and issued by the government) in a very digital manner.
Tether’s top grade platform is built on blockchain technology, leveraging the protection and transparency.
Even large companies make cryptos too. For example, Facebook said that it was going to launch its own stablecoin - Libra. Then they later changed its name. The Libra currency is now known as Diem. As of 2020, USDT remains the largest and most widely used stablecoin.