In this episode, we dive into the mechanics, mission, and controversies behind Tether (USDT) — the first and most widely used fiat-pegged cryptocurrency. Backed by real-world currency and anchored to the Bitcoin blockchain via the Omni Layer, Tether promises the benefits of crypto without the volatility.

We explore:

• How Tether works and what makes it different from other stablecoins

• The concept of one-to-one fiat backing and Proof of Reserves

• Real-world use cases for individuals, exchanges, and merchants

• Implementation risks and how Tether Limited addresses them

• The bigger picture: stablecoins in the future of decentralized finance

Whether you’re crypto-curious or deep in DeFi, this episode breaks down a key piece of the digital money puzzle.