USDT (Tether)

A stablecoin whose value is pegged to the US dollar: one USDT coin aims to be worth 1 dollar.

In practice

USDT is handy as a "digital dollar" for transfers between exchanges and for P2P swaps into hryvnia. The price in hryvnia depends on demand and the payment method, not only on the official rate.

Related terms

Stablecoin TRC20

Read also

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The material is informational and is not financial advice.