Is USDT Considered as Forex?

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Beata

How do I convert USDT to foreign currency?

2023-04-19 14:16


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USDT is a digital currency that is pegged to the US dollar. It is often used as a stablecoin to trade and store value in the cryptocurrency market. While it is not technically an official foreign currency, it can be considered a digital equivalent to the US dollar and can be used for trading and exchanging with other currencies in the same way that traditional foreign currencies are used. Therefore, some people may refer to USDT as a form of forex or foreign exchange.

Release time 2023 04 19

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