Ainslie Tether (USDT)
Tether is a unique cryptocurrency in that it is pegged to the US dollar. Unlike most of the other cryptocurrencies, it is heavily centralised, but provides a strong safe-haven for users who wish to turn their crypto into US dollars without placing it in a bank. USDT is backed 100% by US dollar reserves.
It was launched by Tether Limited Inc. in 2014. Its technology gives traders an opportunity to use USD on the blockchain, which is more secure, faster and cheaper compared to regular banking system.