Tether (USDT) is a stablecoin created and developed by Tether Limited, a company owned by iFinex, which also controls the cryptocurrency exchange Bitfinex. A stablecoin is a cryptoasset issued on a blockchain network that tracks the price of a specific asset, typically fiat currencies like the US dollar or the euro. With a market capitalization exceeding $67 billion, USDT is the largest stablecoin globally and ranks as the third-largest cryptocurrency by market cap. As a pioneer in the stable...