Tether (USDT) is a fiat-backed stablecoin pegged 1:1 to the US Dollar, designed to maintain a stable value. It operates on multiple blockchains including Ethereum, Solana, Avalanche, and Tron, among others. Tether is widely used in the cryptocurrency market for trading, investing, and as a means of transferring value across different platforms. It is issued by Tether Limited, a company that aims to provide a secure and transparent way to transact with digital assets. Tether is part of the World Liberty Financial Portfolio and is commonly used as a stable store of value within the crypto ecosystem.