Cryptocurrency Q&A Why would people buy USDT?

Why would people buy USDT?

EthereumEmpireGuard EthereumEmpireGuard Thu Mar 28 2024 | 5 answers 773
I'm somewhat puzzled about the popularity of USDT. It's just a token pegged to the value of the US dollar, so why would people prefer it over actual dollars or other stablecoins? Couldn't they just as easily use fiat currency or another crypto asset that offers more utility or potential for growth? Is there something unique or advantageous about USDT that I'm missing? Why would people buy USDT?

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