What is USDT?

Modified on Mon, Apr 17, 2023 at 11:57 AM

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USDT


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Tether (USDT) is what’s known as a “Stablecoin” – a cryptocurrency designed to provide a stable price point at all times. The USDT cryptocurrency was created by Tether Limited to function as the internet’s Digital Dollar, with each token worth $1.00 USD and backed by $1.00 USD in physical reserves.



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