yeah

GateBlogvip
What is USDT? Understand the "stable cornerstone" of the crypto assets market in 3 minutes.
USDT (USD) is a stablecoin pegged to the US dollar at a 1:1 ratio. While the prices of Crypto Assets like Bitcoin fluctuate like a roller coaster, USDT always strives to maintain a stable value of 1 USDT equal to 1 USD.

For exchange users, it is a key bridge connecting traditional finance and the encryption world. Whether it's trading, transferring, or participating in DeFi, USDT plays an indispensable role.

01 The essence of USDT: the "digital dollar" of the Crypto Assets world

In simple terms, USDT is a stablecoin. It is issued by Tether, and its core design goal is to maintain price stability, close to 1 USD.

Unlike the vision of Bitcoin to become a decentralized digital currency, the core value of USDT lies in its stability. This stability makes it a safe haven in the crypto assets market, especially when the market is volatile.
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)