what is USDT?
The blockchain is very popular, and the news media also reports boosting, making people feel that he will be able to create the future. However, there are very few introductory articles in the currency, and the articles in Big V are usually too deep and complicated. Xiao Bai can't understand, can't read, can't learn...
In fact, the most urgent problem to learn is not how to make money, but to understand what is the blockchain, what is the currency circle and so on.
As the blockchain gradually enters the 3.0 era, more and more people trust blockchain technology, and the field of blockchain technology and related digital cryptocurrencies are gradually being watched. A total of 100 types have been introduced by market value. The cryptocurrency of the main network and products.
- What is USDT?
- USDT is an encrypted digital currency based on the stable value currency US dollar (USD) issued by Tether, referred to as USDT. In 2015, Tether's Tether was launched on the trading platforms Bitfinex and Poloniex.
- Tether is an unusual project. The company strictly abides by the 1:1 reserve guarantee. One USDT token is equal to 1 USD. The user can use the USDT and USD for 1:1 exchange on the Tether platform. Check the funds to ensure the transparency of funds.
- The issuance and trading of the USDT uses the first Omni protocol on the market based on the Bitcoin blockchain 2.0 currency, so the parameters of the transaction confirmation are the same as those of Bitcoin.
- The characteristics of USDT.
- Avoiding the overall downside risk: Tether co-founder Craig Sellars said: Users can wire the US dollar to the bank account provided by Tether through SWIFT, or exchange the USDT through the exchange, and reverse the operation when redeeming the US dollar. The 1:1 reserve guarantees that USDT will not have huge fluctuations in the price change, only change with the change of the US dollar exchange rate, and the price is stable.
- Strong liquidity: The platform allows users to store and transfer encrypted digital currency across platforms. The USDT is based on a secure and transparent Bitcoin blockchain, which is stable and reliable.
- Intuitive currency price: In the case of supporting TEDA (USDT) transactions, you can visually see how many dollars each currency value.