USDT and the Banking Sector

What is USDT? USDT (Tether) is a stable cryptocurrency pegged to the US dollar. It was created to provide users with the ability to preserve the value of their assets in the face of high volatility in the cryptocurrency market. USDT represents a digital asset that maintains a fixed exchange rate with fiat currency, typically the US dollar. This stability makes it one of the most popular stablecoins in the market.