Tether (USDT) is a fiat-backed stablecoin issued by Tether Limited, an offshore issuer historically associated with the British Virgin Islands and operating under an El Salvador stablecoin licence in more recent years. It is the most widely used dollar token on centralized exchanges and on cross-chain rails such as Tron and Ethereum, and is heavily used for trading pairs, settlement, and remittance flows in emerging markets. For peg confidence, depeg chatter, and risk monitoring, see the full risk profile.
Research only — not financial advice, not a solvency rating.