Rates of our cryptocurrency converter based on the data provided by cryptocurrency exchange markets in real-time. Remember the general rates aren't designed to be used for investment purposes.
Tether is a type of cryptocurrency that is referred to as a stablecoin and fully backed by the US dollar. You can always redeem 1 USD Coin for US $1.00, giving it a stable price.
The United States dollar is the official currency of the United States and its territories per the Coinage Act of 1792. It is a fiat currency and does not apply to cryptocurrencies.