What is USDT called on Binance?

I've been hearing a lot about USDT recently and its use in cryptocurrency transactions. But I'm a bit confused about its nomenclature on Binance. Could you clarify for me? On Binance, what is USDT commonly referred to as? I've seen it mentioned in several contexts and would like to ensure I'm using the correct terminology when discussing it with other crypto enthusiasts. Understanding this basic detail is crucial for me to navigate the Binance platform more smoothly and confidently participate in USDT-related transactions. Your explanation would be greatly appreciated.