What is USDT (USD₮) and why do we use it?

USD₮ (short for "Tether") is a type of cryptocurrency that is pegged 1:1 to the value of the US dollar. This means that 1 USD₮ is always worth 1 US dollar.

There are a few benefits to using USD₮ on a crypto exchange platform:

Stable value: Since USD₮ is pegged to the value of the US dollar, it is less volatile than other cryptocurrencies, which can experience significant price fluctuations. This makes USD₮ a good choice for users who want to hold onto their funds for a longer period of time without worrying about market fluctuations.
Widely accepted: USD₮ is widely accepted by a variety of platforms, making it easy to use and trade with other users.
Fast transactions: USD₮ transactions are fast and efficient, which makes it a convenient choice for users who want to quickly and easily transfer funds.


Overall, using USD₮ on a crypto exchange platform can provide users with a stable and secure way to hold and trade digital assets.

We use USD₮ because we want to provide our customers the safest and most reliable experience on our website. 

If you are eager to find out more about USD₮, please visit https://tether.to/en/

Updated on: 30/07/2024