Cryptocurrency Q&A
Is USDT always equal to USD?
Is USDT always equal to USD?
EthereumLegend
Mon Apr 07 2025
|
5
answers
1163
I am wondering if USDT, the cryptocurrency, always maintains a 1:1 value with the US dollar. In other words, I want to know if 1 USDT is always equivalent to 1 USD.
5 answers
KatanaSwordsmanshipSkill
Wed Apr 09 2025
USDT, often mistaken for the United States dollar, is denoted by the symbol USDT rather than USD.
Was this helpful?
244
68
CherryBlossomFalling
Wed Apr 09 2025
The USD, the official currency of the United States, maintains a fixed value with 1 USD equivalent to 100 cents.
Was this helpful?
46
70
DongdaemunTrendsetting
Wed Apr 09 2025
In contrast, USDT, a cryptocurrency tethered to the value of the USD, experiences fluctuations in its worth.
Was this helpful?
368
65
Nicola
Tue Apr 08 2025
These fluctuations are influenced by various market conditions and the value of fiat currencies against which it is traded.
Was this helpful?
221
72
Alessandra
Tue Apr 08 2025
BTCC, a prominent cryptocurrency exchange, offers comprehensive services in the crypto market. Among its offerings are spot trading, futures trading, and wallet services.
Was this helpful?
284
38
