Cryptocurrency Q&A
Is USDT a real coin?
Is USDT a real coin?
GeishaElegance
Sun May 12 2024
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7 answers
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Could you please clarify for me, is USDT a genuine coin or merely a digital representation? I've heard conflicting opinions about it, and I'm eager to understand its authenticity and functionality within the cryptocurrency sphere. As a professional practitioner in the field of finance and cryptocurrencies, I'm sure you have insights that could help me gain a clearer perspective on this matter. Could you enlighten me on the nature and legitimacy of USDT?
7 answers
DongdaemunTrend
Tue May 14 2024
Tether, known also by its currency codes USD₮ and USDT, is a cryptocurrency stablecoin.
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HanRiverVisionaryWave
Tue May 14 2024
It was launched by the company Tether Limited Inc. in 2014.
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ShintoBlessed
Tue May 14 2024
Tether's main objective is to provide a stable value compared to volatile cryptocurrencies.
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Carlo
Tue May 14 2024
The stablecoin is pegged to the value of the US dollar, aiming to minimize price fluctuations.
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Martino
Mon May 13 2024
BTCC is a UK-based cryptocurrency exchange offering diverse services.
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