What is USDT?

[Gsantana1967 83]

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.

[DAGF2001 32]

the usdt is a crypto who looks for being stable and have the same value as a american dolar (usd) not always have that value but is pretty close 

[dark1night 94]

Tether coin is a stable coin.
Stable coin is nothing more than a cryptocurrency. However, the different feature of stable coin from other crypto currencies is that it experiences value change by being fixed to a certain value. This value indexing system is usually arranged in gold or US dollars. Therefore, the stable coin stands apart from cryptocurrencies such as Ethereum or Bitcoin, which we hear the most in the cryptocurrency world.

[ekraali 32]

USDT IS One of cryptocurrencies equal one dollar and its stable

[Billions_J 14]

14 minutes ago, 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.

I think these new coins come out to enter and compete in the cryptocurrency market and not wait to exit the market without a bit of a fight.
Greetings.

[DINAUDIO 61]

Well, USDT is a stablecoin or stable cryptocurrency created by the Tether company.  A stablecoin is a cryptocurrency that maintains a fixed value with respect to a high value fiat currency, a crypto asset or some commodity.  And it is that no matter what fiat currency or value has been chosen, a stablecoin will maintain the relationship with which it was created with it.  That is the main difference of stablecoins with the rest of the cryptocurrencies whose volatility is practically its nature.

 In the case of USDT, the company Tether has created it with a 1: 1 parity against the dollar.  This means that 1 USDT will always have a value equal to or very close to 1 $ USD.  In addition, the name of USDT comes from uniting, USD (financial symbol of the dollar) with T (of Theter).  However, the implications of creating a stablecoin are many and Tether has created a vast ecosystem around it.  This has allowed Tether not only to evolve as a company but at the same time demonstrate the transformative potential that USDT can bring to the world.

 However, USDT is a stablecoin with collateral in FIAT (USD in this case) full of shadows, being the most hated stablecoin in the ecosystem despite being (or seems to be) the most transacted stablecoin: inconsistencies in its audits, auditors who resign  publicly stating that it is impossible to determine the veracity of the accounts, bank in Taiwan where financial regulation is really weak, instant currency issues, a tangle of companies behind them seeming to want to hide the trail, multiple lawsuits, unfavorable reports against them,  hugely inflated trading volumes tripling the capitalization of the currency, ... There are many reasons and in this document we will also leave you links to them at the end.

 But first, let's get to know the currency in detail, its birth, evolution and the revolution that led to its birth.

[nakagil 35]

From what I have read, it is an electronic model in the Bitcoin blockchain, it has a fixed value, that is, it is anchored to the US dollar, this cryptocurrency can be spent, traded, or transferred, like Bitcoin or any other electronic currency and can be stored in specialized Omni-compatible wallets.

[jamesaclark3 40]

It is the virtual form of the dollar. It is value is equal to $1 and most cryptocurrencies are traded in usd.

[Esau 52]

 

 It is a cryptocurrency released on the bitcoin blockchain. its exchange value is fixed, or similar to the value of the US dollar. It is normally used for the purpose of freezing funds of any cryptocurrency. They were created to handle 3 aspects. Assist with national currency transfers, provide stable bitcoin, and provide another verification option. It can be spent, traded or transferred like any cryptocurrency.

[Cobijin 118]

It is a virtual dollar, owned by a company that a few call a scam, because it is created and developed out of thin air. It is a good token in the case that a trader needs to break a dump pattern.

[Juan Vazquez 202]

2 hours ago, 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.

t is the very popular stable coin among people who know about cryptocurrencies and in most of the largest exchanges you always find pairs with this crypto that is very popular among people and exchanges for its advantage of being widely used also because in that way secure your earnings with bitcoin or another cryptocurrency

[note8t 58]

USDT is a stable currency that is widely used frequently to get rid of speculative transactions and to be able to obtain the profits from trading in just seconds, it is one of the most used stable currencies.

[Reyba 175]

USDT is a cryptocurrency with wich you can make changes from your local currency to a US dollar. It has almost the same value to buy a USDT and a dollar in my country. It is easy to trade with this currency

[rajabsalama 8]

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 that is held in Tether Limited’s reserve balance and can be obtained through the Tether platform. Tether has been issued on the Omni, Ethereum, Tron, EOS, Liquid and Algorand blockchains

[V.K 33]

Tether is a blockchain-based cryptocurrency whose value is fixed at $ 1 by its manufacturer Tether. The cryptocurrency, which is traded with the USDT symbol in the market, is also known as USD Tether. Due to its fixed value, it is in the stable money category.

[emirojose4311 176]

¿Qué es USDt? Bueno, básicamente es como el dólar de los Estados Unidos de América pero en versión digital tiene el mismo precio que un dólar normal ...

[MMDan 24]

USDT is a stablecoin that is equivalent to US Dollar. 1 USDT = 1 USD. If you want to hold your money in cryptocurrencies but don't want to lose money on inflation then hold it in USDT.

[drmustafaunal 10]

It is a stable coin. You can use for trade. it's price is depend on us dolar.

[alein 49]

it is a coin of the same value as the American dollar. in trouble with the law in America. its value can be reset at any time. be careful.

[Alex535678987654 12]

USDT-это криптовалютный актив, выпущенный на блокчейне bitcoin по протоколу Omni Layer. Каждый блок USDT обеспечен долларом США, вся сумма которого удерживается компанией Tether Limited

[Yarling Alvarez 254]

A stablecoin is a cryptocurrency that maintains a fixed value in relation to a high value fiat currency, its cost is in relation to the value of $. This is not the only one currently in its style, we have BUSD, DAI

[sandrofrenimoto 44]

28 minutes ago, alein said:

it is a coin of the same value as the American dollar. in trouble with the law in America. its value can be reset at any time. be careful.

...bad to know, is not a safe investment? how many usdt exist? how many and until they will be created?

[Charlingo 9]

It is a stable currency that does not change its value, so we can have our savings in that currency without changing its price in profit or loss. It is advisable to freeze our rising earnings on Tether.

[Ferrkokrom07 11]

usdt stabil crypto money like a dollar.it is trustable. Actually I dont know much too.

[Bila1980 0]

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create stable digital cash.