Cryptocurrency Q&A Is USDT 1 to 1?

Is USDT 1 to 1?

Raffaele Raffaele Thu Mar 28 2024 | 6 answers 1243
Excuse me, I'm new to the world of cryptocurrencies. I've heard a lot about USDT, but I'm not quite sure what it is. Is USDT really worth 1 US dollar? Is it a stablecoin that maintains a 1:1 peg with the US dollar? Or is it just a marketing gimmick? I'd appreciate it if you could clear up my confusion. Thank you! Is USDT 1 to 1?

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