What is USDT?

Have you seen the acronym USDT and wondered what that is in the crypto world?

USDT, also known as Tether, is:

A stablecoin — that is, a cryptocurrency tied to the value of the US dollar.

Its value is stable: 1 USDT ≈ 1 USD.

Very used to protect capital from the volatility of cryptos.

Why is it important?

It facilitates trading on exchanges.

It allows for fast and cheap transfers, without relying on banks.

It helps traders to "get out of risk" during market downturns.

Curiosity:

USDT is one of the most used cryptos in the world, with a daily volume that even surpasses $BTC.

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