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USDT Currency
USDT (Tether) is a stable cryptocurrency (Stablecoin) whose value is pegged to the US dollar at a ratio of 1:1, meaning that 1 USDT always equals 1 US dollar17. Launched in 2014 and issued by Tether Limited, which holds cash reserves and bonds equal to the value of issued coins to maintain price stability24.
Advantages of USDT
Value stability: Its peg to the dollar makes it a safe haven for hedging against fluctuations in other cryptocurrencies14.
Advantages of USDT
Value stability: Its peg to the dollar makes it a safe haven for hedging against fluctuations in other cryptocurrencies14.
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