What is USDT coin?


What is USDT and how can it be used?

2023-06-09 04:50

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USDT is a stablecoin cryptocurrency that is pegged to the US dollar. It is a digital asset that provides a stable value and is designed to act as a store of value and a medium of exchange for transactions. The value of USDT is maintained at 1:1 with the US dollar through the use of a collateralized reserve of real-world US dollars held by Tether Limited, the company behind USDT. USDT can be used on cryptocurrency exchanges or as a digital asset to transfer funds between individuals or businesses across the world.

Release time 2023 06 09

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USDT, also known as Tether, is a cryptocurrency that is pegged to the U.S. dollar. This means that for every USDT token issued, there is an equivalent amount of U.S. dollars held in reserve, which provides greater stability in value compared to other cryptocurrencies. USDT can be used to facilitate transactions on blockchain networks, especially those that don't offer fiat trading pairs, and can also be used to store value in a more stable currency compared to other cryptocurrencies.

Release time 2023 06 09

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