How is the value of Tether USD Bridged ZED20 (USDT.z) kept stable, usually around 1 US Dollar?

What mechanisms ensure that the value of Tether USD Bridged ZED20 (USDT.z) remains stable, typically around 1 US Dollar? What factors contribute to maintaining this peg, and how does it compare to other stablecoins in terms of stability and reliability?

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