How to write the English abbreviation of Tether

The English abbreviation of Tether is USDT, also known as stable currency. It is a cryptocurrency pegged to the U.S. dollar, and every 1 USDT is equal to 1 U.S. dollar.

The English abbreviation of Tether Coin

The English abbreviation of Tether Coin is USDT.

Detailed explanation

USDT stands for Tether USD, a stable currency pegged to the US dollar. Issued by Tether Limited, it is a stable value token used for transfers between cryptocurrency exchanges and wallets.

Due to its peg to the U.S. dollar, USDT’s value typically remains near $1, making it a popular store of value and medium of exchange. It provides cryptocurrency users with a way to reduce losses due to market fluctuations.

USDT is widely used for the following purposes:

• Transfer funds between cryptocurrency exchanges
• As a springboard for exchange with fiat currencies
• Reduce the volatility of cryptocurrency trading
• Store the value of cryptocurrency assets

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