KpopStarletShine
Wed Mar 27 2024
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5 answers
1229
Is USDT 100% backed?
I've heard a lot about USDT, the stablecoin backed by the US dollar, but I'm still a bit unclear about its actual backing. Is USDT really 100% backed by US dollars? Or is there some risk involved that it might not be fully collateralized? Given its widespread use and acceptance in the crypto industry, I'm quite concerned about its reliability and sustainability. Could you please clarify this matter for me?
GwanghwamunPride
Wed Mar 27 2024
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6 answers
1439
What network is USDT built on?
Excuse me, I'm quite interested in the cryptocurrency world, especially stablecoins like USDT. Could you please tell me which blockchain network is USDT built on? I've heard that it's an important part of the crypto ecosystem, but I'm not sure about its underlying technology. Could you also explain why this particular network was chosen for USDT? Thank you for your time and expertise.
CryptoQueen
Wed Mar 27 2024
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7 answers
994
Was USDT used for money laundering?
Could you please elaborate on the alleged use of USDT in money laundering activities? As a professional in the field of cryptocurrency and finance, I'm interested in understanding how USDT, a stablecoin pegged to the US dollar, could potentially be misused for illegal financial transactions. Could you provide some examples or scenarios where this might occur? And what measures are being taken to prevent such abuses from happening? Thank you for your time and expertise.
Bianca
Wed Mar 27 2024
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6 answers
1513
Is USDT backed by gold?
Excuse me, I'm somewhat new to the world of cryptocurrencies. I've heard a lot about USDT, but I'm a bit confused. Is USDT actually backed by gold, or is it just a digital token with no real value? I understand that it's pegged to the US dollar, but does that mean it has some sort of tangible asset supporting it? If not, what gives it its value? I'd appreciate it if you could clear up this confusion for me.
MichaelSmith
Wed Mar 27 2024
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6 answers
1462
Can I make money from USDT?
Hello, I'm a beginner in the crypto world and I've heard about USDT, which is said to be a stablecoin pegged to the US dollar. I'm quite interested in it and want to know if there's any opportunity to make money from investing in USDT? Should I buy it now or wait for a better timing? And what's the risk involved? I hope you can give me some advice. Thank you!
