What is USDT?

Modified on Thu, 21 Aug at 9:50 AM

Overview

Tether (USDT) is a fully collateralized US Dollar (USD) stablecoin designed to maintain a 1:1 peg with the US Dollar.



Collateral & Redemption

USDT achieves its price stability by being fully backed by Tether Limited's reserves, ensuring that each token is supported by an equivalent value in reserve assets.

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