Much has been said about the value of cryptocurrency and how it can change without warning. For those who are hesitant about getting into this relatively new financial concept, it can be difficult to accept. This is where Tether comes in. It's what's called a "stablecoin". That means that it looks like a cryptocurrency but works like a U.S. dollar. It is backed by the previously mentioned fiat currency, which makes it a little less volatile. With it, there's the flexibility of crypto and the dependability of the US dollar (with its value guaranteed by the U.S. government)

No conversation about crypto can be had without discussing tokens. Unlike Bitcoin and Altcoins, tokens aren't inherently worth anything. They are more of a representation of things that are worth something. Much has been said about NFTs or non-fungible tokens being representative of digital art and other valuable items. All this means is that an amount was paid for something valuable and in exchange for that amount an NFT was granted to confirm that this item is unique and the ownership of a said item. But tokens can also be used for functionality within a given app or platform (utility tokens) or as security to ensure access to a certain app or program for a certain person or group of people (security token). And unlike Bitcoin and Altcoins, which can be bought at any time, tokens are only made and distributed through an Initial Coin Offering or ICO, similar to Initial Stock Offerings for stocks. Instead of having an infrastructure specific to them, tokens are built on top of other blockchain infrastructures and are only valid within that space.