Which dollar stablecoin uses the ticker USDT?

Which dollar stablecoin uses the ticker USDT? Tether is the United States-dollar-pegged stablecoin identified by the ticker USDT.

Tether was launched in 2014, originally under the name Realcoin, and its dollar token was first issued using Bitcoin’s Omni Layer. It later expanded to other blockchains, including Ethereum and Tron. Because USDT exists on multiple networks, users must select the correct network when depositing or withdrawing it; the ticker alone does not identify a blockchain.

Stablecoins are designed to reduce the price volatility associated with assets such as bitcoin and ether. USDT aims to track the value of one U.S. dollar, making it widely used for trading, transfers, and moving funds between crypto platforms. Tether also issues tokens linked to other reference assets, so “Tether” can refer to the issuer or the broader family of tokens, while USDT specifically denotes its dollar token.

USDT is commonly confused with USDC, another dollar stablecoin issued by a different company. TerraUSD and Dai are also distinct projects, not alternate names for USDT.