Tether also referred to as USDT is a stable digital cash, that is the price of the crypto is pegged at a particular price with little room for volatility unlike other cryptocurrencies like Bitcoin and Ethereum.

Tether converts cash into digital currency to anchor or 'tether' the value of the coin to price of national currencies like the USD, Euro and Yen. - coinmarketcap

To also prevent fluctuations in price, the cryptocurrency is not minable.

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Its 100% backed. Every tether is always 100% backed by reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties. The values of the reserves are also made available and published daily.

Widely recognized. Tether is the most widely integrated digital-to-fiat currency today. Buy, sell, and use tethers at Bitfinex, Bittrex, Kucoin and other major exchanges and service providers.

Its secure. Tether’s blockchain-enabled technology delivers world-class security while meeting international compliance standards and regulations.

Tether as of the time of this writing has a market cap of $10,011,596,194USD.

To know more kindly visit https://tether.to/