What is USDT?
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Daphne
What is USDT and how can it be used?
2023-05-21 08:46
Answer list:：
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Drake
USDT (USD Tether) is a stablecoin cryptocurrency that is pegged to the value of the US dollar. It is designed to maintain a 1:1 ratio with the US dollar, meaning that each USDT is equivalent to one US dollar in value. USDT is issued by Tether Limited, a company that claims to hold reserves of US dollars that back every USDT token in circulation, providing a level of stability and certainty to its users. Due to its stable value, USDT is often used by traders as a temporary store of value during periods of market volatility or as a way to transfer funds quickly and efficiently across different cryptocurrency exchanges.
Release time 2023 05 21
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Eddie
USDT (Tether) is a stablecoin cryptocurrency that is pegged to the value of the US dollar, meaning that one USDT equals one US dollar. It was created to provide a stable cryptocurrency alternative to other volatile cryptocurrencies, and is used as a trading pair on many cryptocurrency exchanges. The value of USDT is maintained through a reserve of actual US dollars held by Tether Limited, the company behind the cryptocurrency.
Release time 2023 05 21