@timoze Overview of USDT (Tether)
USDT, or Tether, is a widely-used stablecoin in the cryptocurrency ecosystem. It is pegged to the value of a fiat currency, primarily the US Dollar (USD), on a 1:1 basis. This means 1 USDT is intended to equal $1.

Launched in 2014 by Tether Limited, USDT was designed to combine the stability of traditional fiat currencies with the flexibility and efficiency of blockchain technology.

USDT has established itself as a cornerstone of the cryptocurrency market, offering stability, liquidity, and versatility. Despite its controversies, it remains a key tool for traders, investors, and businesses worldwide. However, users should stay informed about regulatory developments and potential risks associated with centralized stablecoins.