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NFT Term

Tether

Definition of Tether from the NFTguild.com glossary.

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Tether Tokens are a blockchain-based cryptocurrency that trades under the symbol (USDT). Tether was created by the cryptocurrency exchange BitFinex and is the native token of the Tether network. Tether is an ERC-20 stable coin that is designed to track the value of the United States Dollar (USD). Tether is the most widely used cryptocurrency stable coin in the world and the 3rd largest global cryptocurrency based on Market Capitalization.