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Official Website: https://tether.to/
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Tether (USDT) is a pegged currency fixed to US dollars operated by Tether Limited.
The pegged currency is a currency that is linked to the value of other currencies, and is fixed so that 1 Dollar (USD) is almost 1 USDT. This maintains value by making the amount of Tether issued equal to the amount of Dollars held by Tether Limited.
The purpose of Tether is to realize convenience and functionality not found in legal currencies by using blockchain technology.