Cryptocurrency Q&A
Why is USDT equal to USD?
Why is USDT equal to USD?
lucas_lewis_inventor
Tue Mar 04 2025
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7
answers
1307
I'm wondering why the value of USDT is always equal to USD. Is there a specific reason or mechanism behind this pegging? How does it maintain its stability and equivalence to the US dollar?
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7 answers
Maria
Wed Mar 05 2025
Tether tokens operate on a unique principle where they maintain a fixed value relative to a specific fiat currency.
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Tommaso
Wed Mar 05 2025
Upon making this deposit, users are issued an equivalent amount of Tether tokens, denoted as USDT when linked to the US dollar.
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GeishaElegance
Wed Mar 05 2025
This process allows individuals to convert their traditional currency into a digital form that retains its value.
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Carolina
Wed Mar 05 2025
This fixed value is established at a 1-to-1 ratio, signifying that each Tether token is equivalent to one unit of the linked fiat currency.
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CryptoVisionaryGuard
Wed Mar 05 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that include trading in Tether tokens.
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