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Tether (USDT) in English .
Tether (USDT) Token: A Simple Guide 💰
Tether (USDT) is a widely used stablecoin in the crypto world, designed to keep its value stable at ~$1. Launched in 2014 by Tether Limited, it’s a go-to choice for traders and users who want to avoid crypto price swings. Here’s everything about USDT in simple words:
🔹 What is USDT Used For?
Trading: Buy other cryptos like Bitcoin or Ethereum on exchanges like Binance using USDT.
Stability: Its value stays close to $1, making it a safe option in volatile crypto markets.
Payments: Use USDT for online purchases or peer-to-peer transfers.
Savings: Hold USDT to protect your funds from crypto price drops.
🔹 Key Features:
Stablecoin: Each USDT is backed by $1 in reserves (cash, bonds, etc.), keeping its value steady.
Multi-Chain: Available on blockchains like Ethereum, TRON, Solana, and Binance Smart Chain.
Fast & Cheap: Transactions, especially on TRON, are quick with near-zero fees.
Widely Accepted: Supported on 100+ exchanges and platforms worldwide.
🔹 Token Details:
Total Supply: ~120 billion USDT (as of 2025).
Circulating Supply: ~117 billion.
Market Cap: ~$117-120 billion, ranking it
#3 globally (after Bitcoin and Ethereum).
Price: ~$1 (always hovers around $1).
🔹 Fun Facts:
Over 90% of USDT transactions happen on TRON due to its low fees and speed.
USDT is the backbone of crypto trading, with most trading pairs involving USDT.
Tether has faced scrutiny over reserve transparency but remains the top stablecoin.
🔹 How to Get USDT?
Buy on Binance using a card or trade with other cryptos.
Store in wallets like Trust Wallet, MetaMask, or Binance Wallet.
Use for trading, DeFi, or payments.
USDT offers stability and versatility, making it essential for traders, DeFi users, and anyone in crypto. Whether you’re a newbie or a pro, USDT is a must-know! 🚀
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