We are just providing the information about the same.

Tether (USDT) is a stablecoin that aims to maintain a peg to the US dollar. As a stablecoin, Tether provides the benefits of cryptocurrencies––faster, cheaper, permissionless transactions––without dogezilla coin the price volatility. Tether’s issuer claims to have backing in the form of bank reserves and loans that match or exceed the value of USDT in circulation.