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Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Tether works to disrupt the conventional financial system via a more modern approach to money. Tether has made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), Tether has democratised cross
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Ethereum is a Proof-of-Stake blockchain that enables decentralized applications (dApps) through smart contracts, operating without the oversight of a centralized authority. As the first blockchain to introduce smart contracts, Ethereum boasts the largest ecosystem of dApps, encompassing decentralized exchanges, crypto lending and borrowing platforms, and more. The Ethereum network also supports numerous Layer 2 solutions that enhance transaction speed and reduce costs for users. These include platforms like Arbitrum, which aggregates multiple transactions into a single transaction on Ethere