"Tether" bitcoin ?

[rapsaodan84]

sending big amounts of money with bitcoin and paying a fee of $1 or $2 for a quick confirmation is great but if you want to send $0.50 or even $0.10 for a micropayment then you just can't use bitcoin
I was thinking the same way USDT exists so we can send usd via the blockchain, is there any other currency/token paired with bitcoin with huge security as in actually backed with bitcoin?
it'd be great to have a crypto we can send quickly/cheaply and be sure we'll be able to change for btc what we have a bigger amount. for example 1 unit could be 1 bit and every tx would require only 0.1 or even 0.01 bits or so
I'm not sure how USDT is backed by actual usd but I guess it'd be possible to do the same with a bitcoin backed coin?

[aguila]

Tether was what you say until it start fluctuating. Also, people started using altcoins that's why the gian market share and its price skyrocketed. Nowadays every time I use a ETH or LTC to move my BTC I end up making money hahah thanks to the bull market.