I'm wondering if
Tether and USDT are the same thing. Are they interchangeable or do they have different properties and uses within the cryptocurrency market?
6
answers
Martino
Thu Feb 27 2025
It is anchored to the U.S. dollar, ensuring its stability and predictability.
Carlo
Thu Feb 27 2025
As a stablecoin, USDT's value fluctuates in tandem with the U.S. dollar.
GinsengBoost
Thu Feb 27 2025
This feature makes it an attractive option for investors seeking stability.
Michele
Thu Feb 27 2025
Tether's dollar reserves back USDT, providing an additional layer of security.
Margherita
Thu Feb 27 2025
USDT represents Tether, a unique cryptocurrency designed to maintain a fixed value.