USDT (Tether) is a stablecoin, meaning it is a cryptocurrency pegged to the value of the US dollar at a ratio of 1:1. It was created in 2014 by Tether Limited and has become an important bridge between traditional finance and digital assets.
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1. How USDT works
Each USDT token must be backed by an equivalent amount in US dollars or other liquid assets held in the issuer's accounts. This helps maintain exchange rate stability and allows USDT to be used as a digital equivalent of the dollar.
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2. Where USDT is used
- Trading on exchanges — most cryptocurrency exchanges use USDT as the base currency.
- Risk hedging — traders convert assets to USDT during volatility.
- Transfers and settlements — fast and cheap international transfers.
- DeFi and Web3 — used in smart contracts and decentralized applications.
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3. Current indicators (June 2025)
- Price: around ₽78.53
- Market capitalization: ₽12.24 trillion
- Trading volume over 24 hours: ₽7.06 trillion
- Circulating supply: 155.96 billion USDT
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4. Advantages and risks
Pros:
- Stability
- High liquidity
- Support on most platforms
Cons:
- Centralized management
- Questions about reserve transparency
- Possible regulatory restrictions
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5. Where to buy USDT
- Cryptocurrency exchanges: Binance, OKX, Bybit
- P2P platforms: buying directly from other users
- Exchanges: through aggregators like BestChange
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USDT remains a key tool in the crypto world — from trading to cross-border transfers.