usdt is Tether, which is the world's first stable currency. It is a virtual currency that links cryptocurrency to the legal currency US dollar. It is a virtual currency that is stored in a foreign exchange reserve account and supported by legal currency. currency.
#usdt is Tether.
Tether is the world's first stable currency. It is a virtual currency that links cryptocurrency to the legal currency US dollar. It is a virtual currency that is stored in a foreign exchange reserve account and supported by legal currency.
Currency Introduction of Tether
Each Tether is symbolically linked to a government-backed fiat currency. Tether is a virtual currency held in a foreign exchange reserve account and backed by legal currency. This method can effectively prevent large price fluctuations in cryptocurrency. Basically, one Tether is worth 1 US dollar.
Characteristics of Tether
1. It is equivalent to the same amount of US dollars, 1USDT=1 US dollar
2. Stability: Users can still trade in the blockchain asset market without being affected by price fluctuations of most blockchain assets.
#3. Transparency: The storage account status is public and can be queried at any time. All Tether transaction records will be published on the public chain.
4. Small transaction fees: A transaction service fee is required when converting Tether to legal currency.
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