What is USDT? Why do people use it?

USDT (Tether) is a stablecoin pegged to the US dollar at a 1:1 ratio. This means its value closely follows the USD exchange rate and is not subject to significant volatility.

How Do You Use USDT?

USDT works just like other cryptocurrencies for:

  • Storing assets

  • Transferring funds

  • Exchanging between different cryptocurrencies

It's essentially like holding US Dollars in digital form, but with the added benefits of blockchain technology.

Why Should You Choose USDT?

Pegged to the US Dollar, USDT minimizes the risks associated with the volatility of other cryptocurrencies. This makes it ideal for:

  • Savings

  • Transfers

  • Trading

  • Other transactions

For instance, if you send 100 USDT, both parties can be confident it will always equal 100 US Dollars, regardless of market fluctuations.

USDT in MyTonWallet

MyTonWallet supports USDT on both the TON and TRON networks, allowing you to:

  • Store USDT securely

  • Transfer between networks

  • Trade on supported DEXs

  • Use for payments and transactions

USDT is one of the most widely used stablecoins in the cryptocurrency ecosystem, making it highly liquid and easily exchangeable.

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