What does usdt stand for?

USDT stands for Tether, a cryptocurrency that is pegged to the US dollar. It is a stablecoin, which means its value is designed to remain stable and serve as a reliable store of value. USDT is issued on various blockchain platforms, including Ethereum and Tron, and is widely used in the crypto industry for trading, investing, and as a hedge against volatility.

Last updated 10/20/2023, 1:45:38 AM

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