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What is USDT?

USDT, also known as Tether, is a stablecoin that is pegged to a fiat currency, typically the US dollar. The value of a stablecoin is generally maintained at a 1:1 ratio with the fiat currency, meaning 1 USDT is usually equal to 1 USD. USDT is issued by the company Tether and its primary purpose is to provide a relatively stable digital asset in the cryptocurrency market, thereby reducing the impact of price volatility.

FAQs

To buy or sell USDT (Tether), use reputable exchanges like Binance or Coinbase

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