Get to know USDT

chatstickforbrand
Nov 13, 2022
2 min read

Get to know USDT

From the growth of the clip industry today It allows us to get to know many different cryptocurrencies such as Bitcoin, Ethereum or BNB (BNB), etc. There is also a stable coin currency. Crypto and stable coin also has a digital currency called USDT that we will get to know in this article.

What is USDT?

USDT, full name Tether, is a stable coin digital currency, the first and also the most popular cryptocurrency. Issued by Tether Limited, the value of USDT is 1:1 in reference to USD. Trading pairs is hassle-free thanks to the familiarity with US dollar valuation. Therefore, it makes it easier to analyze data and prices. In addition, if you own USDT, it will strengthen your investment portfolio more.

But there has been a lot of news about the USDT guarantee on the US dollar due to doubts on the issue. Is the tokenization actually insured against the US dollar? But even if the results came out to be true But the trust still hasn't fully returned. Due to the gap of several months before it can be reviewed, many doubt the transparency of USDT and therefore have to review its funds or assets. that token To build confidence in investment for investors

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