TETHER
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Tether USDt (USDT), the company's namesake currency, is one of the oldest stablecoins on the market and has been described as the "lifeblood of the crypto ecosystem." Tether has variants of its stablecoin pegged to other fiat currencies outside of the U.S. dollar as well, including to the euro (EURt), Mexican peso (MXNt) and Chinese yuan (CNHt). It also has a token backed by physical gold known as Tether Gold (XAUt).