What Is Tether and Is It a Good Investment?
Cryptocurrency is booming, a fact we are breathing daily. If you wish to invest in cryptocurrency, there are different options to invest in this year. While Bitcoin, Ethereum, Dogecoin are the most popular ones, other cryptocurrencies like Tether are secretly growing. Why should one invest in Tether in 2021? Tether has quickly become one of the well-known cryptocurrencies , especially since 2020. Nonetheless, Tether has been part of controversies as well because it was one of the first few cryptocurrencies that pegged its value directly to a fiat currency. Let’s know more about it and why one should invest in Tether, right now! What is Tether? Theoretically, Tether is a peer-to-peer blockchain and open-source cryptocurrency. However, it is a stable coin whose value is pegged to the US dollar. In simple terms, a U.S Tether token is $1 all time. But, if we look back to 2019, the developers revealed that it is not supported by fiat currency 100%, and it was closer to $0.75. So, a Tether c...