Is the USDT exchange rate the same as the US dollar?

Is the usdt exchange rate the same as the US dollar? This is a question that many netizens are concerned about. Next, the PHP editor will introduce to you Whether the usdt exchange rate is the same as the US dollar. Interested netizens should follow the editor to take a look!

Introduction to whether the usdt exchange rate is the same as the US dollar

1. The exchange rate of USDT is closely related to the US dollar, usually maintains a 1:1 exchange rate with the US dollar Proportion.

2. The reason behind this is that USDT is a stable currency whose value is pegged to the US dollar.

3. Tether, the issuer of USDT, claims that for every USDT issued, 1 US dollar will be deposited in the reserve to ensure its value is stable.

4. Therefore, the exchange rate of USDT is usually consistent with the US dollar exchange rate, providing a more stable trading medium that is not affected by the volatility of the cryptocurrency market.

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