What is USDT Tether?
USDT Tether is a stablecoin project anchored to the US dollar, issued by the New
USDT Tether is a stablecoin project anchored to the US dollar, issued by the New York Department of Financial Services (NYDFS) and payment system provider Tether.
USDT is a digital currency that enables free exchange between funds and value by being issued on a blockchain platform and stored in a decentralized distributed ledger network. It does not rely on third-party intermediaries for custody.
According to its official website information, USDC is operated with authorization from the New York State Department of Financial Services, held by a bank account holder with all US licenses, and is a virtual asset service provider regulated by federal law.
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