What is USDT?

Modified on Sat, 18 Feb, 2023 at 5:31 PM

USDT or United States Dollar Tether is a cryptocurrency token that is said to be tied or “tethered” to the US dollar (USD). Tether company claimed that USDT is of equal value to 1 USD and is grouped to a new type of cryptocurrency called “stable coins”. Stable coins are mainly created to bridge the gap between fiat currencies and cryptocurrencies by offering stable prices equivalent to a coin or token.

 

Interested to buy Tether (USDT)? Check the Market Now: https://www.bitkub.com/market/USDT 

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