Founded in 2014, Tether is a digital currency pegged to the US dollar

Most popular and widely-traded stablecoin, Tether is used extensively for trading other cryptocurrencies.

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Transparency claims: Tether claims to be fully backed by US dollars held in reserve

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Industry Leader: Despite the controversies, Tether remains a leader in the stablecoin market

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Not fully backed by cash: In 2021, Tether settled with the New York Attorney General's office

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Legal troubles: Tether has been involved in a number of legal battles, including the one mentioned above

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High trading volume: Tether boasts one of the highest daily trading volumes of any cryptocurrency

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Hacked in 2017: In 2017, hackers stole $31 million worth of USDT from Tether

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More than just USD: Tether offers other stablecoins pegged to different currencies,

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Expansion into AI: In 2023, Tether acquired Northern Data Group, a company that provides high-performance

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