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BTCC / Hashtag / bucu usdt
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USDT -0.01% 1.0000 STABLE +1.40% 0.02963

What is United States dollar Tether (USDT)?

The answer to the question “What is USDT?” involves four specific parts: United States Dollar Tether (USDT) is a blockchain -based cryptocurrency But USDT is much more than just those four details. At its heart, it’s a centralized, fiat-collateralized stablecoin. Before we dive into those details, let’s take a look at how USDT came about.

Is Tether (USDT) stable?

I will try to answer this question mostly utilizing the Fundamental Qualitative Analysis. Tether, USDT is a well known stablecoin (reference the chart). There are many just like it, Circle's USDC, Binance's BUSD, MakerDAO's DAI, they all promise a 1 to 1 peg to the USD (at the time of writing 1 BUSD is... USDT de-pegging ?!?!?!

Is USDC better than USDT?

USDT is considered the biggest stable coin in the crypto market, based on market cap, while some argue they are not transparent at all. Which one is safer ? USDC is the better one with strong investors / issuers backed.

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