Mohammad🎩
@mamad6169
The third-largest cryptocurrency is typically Tether (USDT), a stablecoin pegged to the value of the US dollar. Its purpose is to facilitate trading and provide stability in the volatile crypto market. Tether aims to maintain a 1:1 reserve backing with traditional currency. It's widely used on exchanges and in decentralized finance (DeFi). However, it has faced scrutiny regarding its reserves and transparency.
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