What is USDT?
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Written by NOAH
Updated over a week ago

What is Tether (USDT)?
Tether (USDT) is a stablecoin designed to offer a stable medium of exchange in the volatile crypto market. Each USDT token aims to be pegged to a reserve of assets to maintain a 1:1 value ratio worth one US dollar.
Key Features & Stability Measures

  • Instant Transfers: Faster than traditional banking.

  • Low-Cost Remittances: Offers affordable, fast cross-border payments.

  • Global Access: Decentralized and available worldwide.

  • Backed by various assets: Each token is collateralized with cash, US Treasuries, commercial papers, corporate bonds and other assets.

  • Quarterly Reserve Reports: Efforts to improve transparency through periodic reporting.

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