Dario
Wed Mar 27 2024
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6 answers
1866
Which wallet holds USDT?
Excuse me, I am quite new to the world of cryptocurrencies and am trying to understand which wallet is most suitable for holding USDT, the stablecoin pegged to the US dollar. Could you please enlighten me on this matter? I've heard about different types of wallets like hardware wallets, software wallets, and even paper wallets, but I'm not sure which one offers the best security and convenience for storing my USDT. Could you recommend a reliable wallet that offers both security and ease of use? Thank you for your time and assistance.
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.
