USDT can be traded on Binance in exchange for Real. Tether can peg its value to other fiat currencies, such as the Euro (EURT), the US Dollar (USD), and the Real (BRL). Tether tokens are digital stablecoin assets that you can use as transactional currency on various leading platforms or blockchains, such as Bitcoin Cash Simple Ledger Protocol (SLP) or Avalanche.
Cryptocurrency traders use Tether to provide reliable and stable liquidity for their cryptocurrency trades and to avoid unpredictable losses due to unexpected or volatile price changes. This is an important reason why the quantitative transactions of web3AI use USDT for settlement.
Tether (USDT) is the largest, oldest, and most famous stablecoin by market capitalization. It is owned by iFinex, registered in Hong Kong, which also owns the cryptocurrency exchange BitFinex. They initially launched Realcoin in July 2014 and rebranded it to Tether in November 2014. Stablecoins represent 70% of the total market capitalization of stablecoins and provide low-volatility digital assets that are generally stable in valuation. Its value is pegged to a stable investment, such as the US dollar or gold, which means it tries to maintain the same value to which it is pegged. They do this by maintaining reserves equal to the amount of USDT in circulation. Therefore, regardless of market conditions, you will always be able to trade 1 Tether for 1 USD
