Tether (USDT) has been accepted and used for years and holds legitimacy, though often challenged, that few projects can actually match. It is widely accepted by many vendors and protocols within the blockchain ecosystem as a payment method and means of exchange. Due to Tether’s large reserves, it doesn’t suffer from market risks such as Black Swan events. USDT also enjoys the same luxuries as other cryptocurrency tokens on the network, peer-to-peer trading and PoW or PoS security, which makes it a desirable hedge for traders and users alike.
What Makes Tether (USDT) Unique?
