Tether shortlisted for RootData's Top 50 Web3 Projects of 2023

ChainCatcher news, in the "2023 Web3 Industry Development Research Report and Annual List" published by the cryptocurrency data platform RootDada, Tether has been included in the 2023 Top 50 Web3 projects.
It is reported that Tether is the world's largest stablecoin issuer, aiming to facilitate the digital use of fiat currencies. Tether enables customers to transact with traditional currencies via blockchain without the inherent volatility and complexity typically associated with digital currencies. All Tether tokens are pegged to matching fiat currencies at a 1:1 ratio and are 100% backed by Tether's reserves.