What is USDT?

[polobkhan 532]

USDT is a stable coin. It can be very useful if you can’t easily sell or if the price of BTC falls and you want to protect your capital. I spend 2018!watching my BTC fall. There were no stable coin at the time . It was very frustrating.

[migeljah 537]

The stable cryptocurrency USDT has enabled businesses related to the crypto industry, exchanges, wallets, payment systems, financial services, trading platforms and ATMs to use the supported tokens that are stable on the blockchain. Tether is the dollar on the blockchain. Tether can be used as an alternative to the dollar for trading cryptocurrencies, the switch between assets and its price is almost stable with the price of the dollar with some differences

[100x 97]

So Tether was named Real coin at start, nice and good to know. Another interesting fact is that Brock Pierce was one of the founders of Tether, but he has nothing to do with it now. Brock Pierce is famous of being a founding members of many crypto projects and getting out of them after a few years.

[Iman33 0]

Usbt currency is a recognized currency that helps us protect and store investor money from danger in case of any change in the movement of digital currencies in the market

[jcmpalacios 53]

USDT comes from joining, USD (financial symbol of the dollar) with T (from Theter)
It also has a 1: 1 parity with respect to the dollar, which means that 1 USDT will always have a value equal to or very close to 1 USD.

[Azan Ali 544]

USDT is a stable coins . Its value is same to to US dollar. But not always, some time it nearly equal to dollar. It is in the five top coins of market coins. We cannot save oue USDT because its value is stable and does not change.

[Musaibrahim 60]

 Tether (USDT) is a cryptocurrency designed for each token to be represented by an underlying US dollar. Each USDT token is pegged to a US dollar which is held in Tether Limited’s reserve balance and can be obtained through the Tether forum. Tether has been issued on the Omni, Ethereum, Tron, EOS, Liquid and Algorand blockchains

[Edwinvicky 819]

usdt is a crypto that act like usd, maintain its value and deviate from volatility, i.e very stable at a value equal to $1. The full name is called Tether.

[johnTaylor 287]

Yes it is the coin and have the same vale with the United States dollar I think actually the main thing is it is fixed value I think. It is the crypto coin and known as usdt. I think stable coin.

[MalikAdnan 1662]

USDt is a coin of cryptocurrency. It is newly genetrated coin and it's importance also more I think. But the main thing is that it's like Americans currency dollars and there value have no more fluctuate.

[Johnkerry 297]

USDT is coin and digital currency but it is equal as the US dollars so it's price mostly I think fixed so don't worry and be happy it is the best for rrma6ing in the same condition coin I think.

[glory50 1259]

@Mutivo @Mwangi @david54321 

The use of USDT is to have a stable coin that goes that the same as a person it goes the same prie of us dollar so to me we have to really be good in this kind of solutions we are facing today we have the difference in the ideas we are seeing today we have loads of them and effective once to we have to run the market perfectly to every person we are seeing today this is important to have a coin that is stable as us dollar, but the truth is its very expensive to operate it its really expensive

[Silwester_888 439]

USDT is the kind of cryptocurrency and it's very stable specie of crypto currency. USDT was developed in july 2014 for the stable currency trading unlike bitcoin. It's also very secure form of currency.

Edited January 7, 2021 by Silwester_888

[FA1891MA006 367]

As per my knowledge USDT is a crypto currency which is almost have same value as to USD dollar. It is a stable currency. 

[Haafi 439]

Nowadays technology is incredibly getting advance and new crypto coins are being introduced. USDT is a new coin in cryptocurrency family and as far as i know the most stable coin of all.

Thank you mate for sharing this information with us. You gave a good explanation of this USDT.

[Sara akram 355]

USDT is a cryptocurrency  with a value meant to mirror thevalue of the US dollar.the idea was to create stable digital cash. Tether converts cash into digital currency,  to anchor or tether the value of the coin of price of national currencies like US dollar euro  yen.

[Peacegift 215]

I don't have the knowledge on USDT but reading members comments on this topic has given me a hint and an Idea of what USDT means and its benefits. Thank you all for your contribution on.

[F4 Shahid Ali 1705]

On 10/9/2020 at 4:53 AM, Gsantana1967 said:

The USDT coin is part of a new “species” of cryptocurrencies called stable currencies that precisely seek the stability of cryptocurrencies, unlike the radical changes that have been seen in other cryptocurrencies such as Bitcoin or Ethereum. In this way, it would actually be possible to use them as a means of exchange and as a means of saving instead of using them as an instrument of speculation.

This refers to the fact that its value is always tied to the USD. USDT was originally announced under the name RealCoin, in July 2014 and appeared as a startup based in the United States. It was until November 2014 that the name change to Tether was announced.

Yes my friend absolutely right I have not experienced about it but I got some learning and knowledge from people replying on your post. First of all thanks for raising this point my dear. I would like to try this experience in my own working matalan I want also this knowledge is to newcomers as well you sharing your post. so wish you all the best my friend for further giving us any informative material. 

[Pereira 2303]

Wow, great information from you, this cryptocurrency stays at its set price, it does not go down or up. Since it is stable based on the US dollar or which currency is established, I would like to know please older.

[Mrbeen890 5]

It is adviseable to freeze our rising earning on tether and because it is created and developed out of then air and it is a good token in the case that a trader needs to break.

[Ababakrin 906]

This great, in addition usdt is a cryptocurrency with a value meant of a mirror I mean the value of USD The idea was to create stable digital cash. Tether convert cash into digital cash, and the Value of the coin to the price of national currencies like the US dollars, Euro, and yen.. 

[Thechamp 287]

Usd t is an stable currency according to you and actually no crypto currency becomes stable and a lot of fluctuations comes to their price's. Sometimes their value of currency becomes high and sometimes it lowers down to the bottom.

[Pablo456 400]

From what I have informed myself and I have looked for information usdt what it means or what it is, is that it is a stable currency that does not go down or rise that has no danger of lowering your money and less that currency, that is why that currency is good for When you want to sell something and you do not want to lose money you can leave it in that currency that is USDT, even now with your information provided I will be able to learn more about the stable currency that is USDT and know more about it.

[bisarkadan 0]

Usdt is cryptocurrency and it is the virtual form of us dollar. It is equal to the dollar and equal to 1 us dollar .It is used freezing funds of cryptocurrency. It provide stable bitcoin and also provide verification option

[Ajhar6 185]

I think from what I have read, it is an electronic model of bitcoin blockchain, it has a fixed price, it is anchored with US dollars, this cryptocurrency can be spent, traded or transferred to Bitcoin or any other electronic currency and specialized omni-compatible wallet.  Can be saved.