Tether (USDT) is an Ethereum token that is pegged to the value of the US dollar (such cryptocurrencies are called stablecoins). According to Tether’s issuer, the currency is backed by bank reserves and loans that are worth as much or more than the value of USDT tokens in circulation.
As the global financial ecosystem increasingly intertwines with digital assets, stablecoin regulation has emerged as a pivotal topic shaping the…
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