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, transferring, or exchanging assets. Itโs essentially like holding US Dollars in digital form.
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 and 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.
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