What is USDT?

[Flying11Horse 45]

Thanks @Gsantana1967 for giving us this valuable information.Many of the new members confuse USD with USDT. Even I also got confused one day.The members who will read this topic will get themselves clear about  their difference .USD is Fiat and USDT is crypto. This is the main difference.

[carluchobc 51]

In short, it is the virtual way of calling the dollar. Thank you very much for your information, it has helped me a lot since little by little I am learning more about these Cryptos topics

[VijithaVarghese 1994]

It basically refers to a crypto  which has same value as to that of American dollar . It's value can be reset any time so keep a track on that . This is great because a lot people would have this question in mind . Thank you.

[Omar Ommeish 4872]

Yes, its value is linked to the dollar and is stable in most cases, and it helps us to save our money from the fluctuations that cryptocurrencies are permanently exposed to.

[komtak 584]

from what i have read, it's miles an electronic version within the bitcoin blockchain, it has a set price, that is, it's far anchored to the us dollar, this cryptocurrency can be spent, traded, or transferred, like bitcoin or every other electronic currency and may be stored in specialised omni-well matched wallets. right luck!

[Eweretti 260]

I think over time all countries. Well, at least the most popular ones. America, Russia, China, Korea, Japan type and so on. They will switch from regular currency to crypto. Well, or at least they will create a semblance of USDT for their currency.

[Tdk 50]

A good coin pegged to the dollar, a kind of bridge between the world of cryptocurrency and the world of money we are used to in different countries

[ahmed alaraby 117]

usdt is an almost fixed price cryptocurrency based on the blockchain supported by a reward from traditional money such as the dollar which is kept in a bank account and each one usdt corresponds to $ 1 as it does not have its own blockchain and works within the bitcoin network as a second-level currency, although it is the most currency It is considered the eighth cryptocurrency in the world in terms of total market value as it “now represents 48% of the total volume of cryptocurrency trading. Experts believe that the usdt currency represents a danger to the crypto industry, despite it being A large part of the crypto market

[kgrt 164]

Thank you for such an interesting and informative post. You have expanded not only my horizons, but also many other people.

[Yorka 48]

is a cryptocurrency issued on the Bitcoin blockchain. USDT is a stablecoin, a cryptocurrency designed to maintain a stable market price in relation to the assets to which it is linked. ... According to the platform each USDT unit is backed by a US dollarTether, which is a cryptocurrency that is tied to a fiat currency for stability. Read on to understand what it's used for, why it was created, and why you'd want to get it

[Koussaygame07 103]

It is a currency that can be said to be a derivative of Ethereum, and it is represented by a token ERC-20 at a price of 1 dollar, which they call in encrypted dollars, which investors prefer to avoid the risk of losing their money

[farouk0906 57]

It is a digital currency similar to the dollar and has the same price as the dollar, meaning working with it is profitable.

[malik6314193 5449]

Stable currencies are play important role in crypto trading. USDT is best and number one stable crypto coin which is trusted crypto coin. If bearish take place in crypto then we need to keep our money in stable coin. 

[Maaz sultan 265]

Yes this coins USDT name is tether and this is a very stable crypto currency that is used to buy and sell your crypto currencies to this stable currency . So many exchanges use this crypto currency as a primary currency in the place of usd .

[gourav789 2834]

On 10/18/2020 at 5:44 PM, Flying11Horse said:

Thanks @Gsantana1967 for giving us this valuable information.Many of the new members confuse USD with USDT. Even I also got confused one day.The members who will read this topic will get themselves clear about  their difference .USD is Fiat and USDT is crypto. This is the main difference.

@Flying11Horse I also think that Usdt and usd are same , but before some time I read a article about it that both are different and used for different activities . Usdt are widely used coin in Crypto market because this is stable coin . price of 1 Usdt always equally 1 USD. 

[lalo0 6]

Who created Tether?

The origins of Tether date back to the early 2010s, when technologists first began to theorize that Bitcoins might be modified so they could represent new kinds of assets. 

[Mike1515 2977]

Exactly as you have stated  , its a system that requires that the market becomes stable and its really important that we do have a stable market really very important if you look at the way everything goes we need to follow certain directions that work for us and the one that we do have today is that of certain proliferate and projections, Usdt makes the market a little bit stable

[Moon00 40]

crypto curency (Tether ,USDT) is a cryptocurrency designed for each token to be represented by an underlying US dollar.

[fuck123 184]

The USDT refers to the Latin American dollar 

Through this we can learn in detail about the dollar and by this we do a lot of things  But USDT, you are very useful to us, I can do a lot of work

[sayed salah 3]

It is a fixed digital currency whose value does not change and is parallel to the same real dollar price, and it is one of the currencies loved by all traders because of the stability and low commission, and also Bitcoin traders always use it in the transfer to reduce fees

[Zeshan Khalid 2577]

I was confused between USDT and USD and other beginners can also get confused so for their information USD is a fiat currency and USDT only have its electronic presence. USDT's value is same as 1 USD

[Moon00 40]

It’s a Tether coin usually maintain exactly price equal 1 USD to resemble the real money.

[Quisha 0]

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar.

[pilat44 16]

tether(USDT) is a cryptocurrency designed for each token to be represent by an underlying us dollar.each usdt token is pegged to us dollar that is held in tether limted's reserve balance and can be obtained through the tether platform.

[Mwangi 5611]

I think this is also know as True US dollar, short form USDT and its a stable coin, its one of those coins that keep the  market stable and we have seen so many people getting everything from it so the truth is we need to keep enjoying and working as hard and putting together everything in the same kind of a market and I think if there is any kind of threat to fiat currency is the stable coins , they offer stability there is no change in pricesses that much and in the end its true