Part 2/9:
Stable coins are not a new invention; they have been part of the crypto landscape since 2014. One of the earliest experiments was BitUSD, but it was in the same year that Tether launched its USDT token, which quickly gained widespread adoption. During that period, traditional exchanges faced limited banking access, and transferring funds could take days—a significant barrier for fast-paced trading. Tether provided a solution by offering a more efficient way to move in and out of cryptocurrencies, fostering the rapid growth we see today.