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  • Help Center
    • Welcome
    • Introduction to Crypto and MyTonWallet
      • What is a crypto wallet?
      • What types of wallets are there?
      • What is the blockchain?
      • What are the advantages of blockchain?
      • What cryptocurrencies are supported in MyTonWallet?
      • What is USDT? Why do people use it?
      • What is staking?
      • What is a blockchain validator?
      • What are decentralized applications (dapps)?
      • What are NFTs? How do they work?
      • What is MY token? How to get it?
      • What are blockchain transaction fees? Features of TON and TRON
      • Which blockchain is right for you? TON vs. TRON comparison
      • What is a blockchain explorer? How do you use it?
      • What is a Transaction ID (TXID)?
    • Getting Started
      • How to install MyTonWallet?
      • How to create a new crypto wallet in MyTonWallet?
      • How to import an existing wallet using a seed phrase?
      • How to import an existing wallet from Ledger?
      • How to secure MyTonWallet?
      • How to safely delete MyTonWallet?
    • Key Features
      • How to check the balance and transaction history?
      • Where to find the wallet's address?
      • How to add or remove tokens for display?
      • What is multichain? How to use it?
      • What options can you adjust in the settings tab?
    • Transfers
      • How to make a transfer?
      • What is Gasless Jettons? How to enable this feature?
      • How to withdraw crypto to a card or a bank account?
      • How to receive crypto in MyTonWallet?
      • How to find my Transaction ID (TXID)?
      • How to check the transaction status?
      • What should I do if the transfer has failed?
      • How to send NFTs?
    • Swaps
      • What is a swap? How does it work?
      • Why do you swap in MyTonWallet?
      • How to make an onchain swap?
      • How to make a crosschain swap?
      • What tokens are supported for swaps?
      • How to calculate swap costs and fees?
    • Staking
      • How to stake in MyTonWallet?
      • Which tokens can you stake in MyTonWallet?
      • What are the benefits of staking in MyTonWallet?
      • How to withdraw assets from staking?
      • What are the benefits and risks of staking?
      • What Is USDe? How Does the Ethena Protocol Work?
      • How to Get APY Boost on USDe Staking?
    • Decentralized Applications (Dapps)
      • What are decentralized applications (dapps)?
      • Where to find dapps?
      • How to connect a dapp?
      • How to disconnect a dapp?
    • Security and Access Recovery
      • What is a seed phrase? How to store a seed phrase?
      • How can I recover access to my crypto wallet using a seed phrase?
      • What if I lost my seed phrase?
      • What is a private key?
      • How to get your private key in MyTonWallet?
      • How to recover your crypto wallet using TON Private Key?
      • How can I change my password?
      • How to add or remove wallet?
      • What security settings does MyTonWallet offer?
    • Scams
      • What is a scam?
      • How to protect yourself from fraud?
      • Drainers
      • Phishing
      • Seed Phrase Scams
      • Social Engineering
    • Frequently Asked Questions
      • Why didn’t my transfer reach the recipient?
      • What if a deposit didn’t go through?
      • What if an error occurred during a transaction?
      • What if I forgot to include a memo?
      • What if I sent funds to a wrong address?
    • Support and Contacts
      • How to contact MyTonWallet support?
      • How to report a bug or an issue?
      • Where can I find the latest news and MyTonWallet updates?
      • Does MyTonWallet have an open community?
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  • How Do You Use USDT?
  • Why Should You Choose USDT?
  • USDT in MyTonWallet
  1. Help Center
  2. Introduction to Crypto and MyTonWallet

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.

PreviousWhat cryptocurrencies are supported in MyTonWallet?NextWhat is staking?

Last updated 2 months ago