TETHER

TETHER

Tether (USDT) is a stablecoin, that is, a cryptocurrency tied to the value of the fiat currency.

USDT

Tether (USDT) is a stablecoin, that is, a cryptocurrency tied to the value of the fiat currency, in this case, to the US dollar (USD). This means that one USDT always strives to be equal to one USD.

Advantages of Tether:

•  Stability: The peg to USD makes USDT significantly less volatile than other cryptocurrencies, making it attractive to investors looking to keep their assets.

•  Convenience: USDT can be used to trade other cryptocurrencies on exchanges without the need to convert them into fiat currencies such as USD or EUR. This can save time and commissions.

•  Widespread use: USDT is one of the most popular stablecoins on the market and is accepted for payment on many cryptocurrency exchanges and platforms.

Tether application:

•  Cryptocurrency trading: USDT is widely used by traders to buy and sell other cryptocurrencies without the need to convert them into fiat currencies.

•  Value preservation: USDT can be used as a means of preserving value, as its price usually remains stable.

•  International transfers: USDT can be used to transfer funds abroad without fees and delays associated with traditional transfer methods.

Unlike other cryptocurrencies that can vary significantly in price, USDT is designed to ensure stability and useability.