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What does virtual currency USDT mean?

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Apr 15, 2024 pm 02:28 PM

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What does the virtual currency USDT mean? This is an issue that many netizens are concerned about. Next, the PHP editor will introduce the meaning of virtual currency USDT. Interested netizens should follow the editor to take a look!

What does virtual currency USDT mean?

Introduction to the meaning of the virtual currency USDT

1. The virtual currency USDT (Tether) isa stable currency linked to the US dollar , issued by a company called Tether Limited.

2. USDT aims to connect traditional finance with the cryptocurrency world and provide a stable value store for cryptocurrency transactions.

3. It can be purchased or exchanged through fiat currency (such as US dollars) or other cryptocurrencies.

4. USDT is mainly used in cryptocurrency exchanges to avoid losses caused by price fluctuations of other cryptocurrencies.

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