Cryptocurrency Q&A
What is the T in USDT?
What is the T in USDT?
CryptoTitanGuard
Tue Mar 11 2025
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5
answers
975
I've seen the acronym USDT and I'm wondering specifically about the 'T' in it. What does the 'T' stand for in USDT?
5 answers
Stefano
Thu Mar 13 2025
Tether, also known as USDT, is a unique Ethereum token designed to maintain a stable value.
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BenjaminMoore
Thu Mar 13 2025
This stability is achieved by pegging the token's value to the U.S. dollar, making it a so-called stablecoin.
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Daniele
Wed Mar 12 2025
According to Tether's issuer, the token is supported by a combination of bank reserves and loans.
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SophieJones
Wed Mar 12 2025
These financial instruments are intended to match or exceed the total value of USDT in circulation.
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TaekwondoPower
Wed Mar 12 2025
This approach aims to ensure that the token's value remains relatively consistent, providing a stable alternative to other, more volatile cryptocurrencies.
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