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Cryptocurrency Q&A Is USDT really backed?

Is USDT really backed?

CryptoGuru CryptoGuru Sun Dec 08 2024 | 5 answers 1108
I'm curious about USDT and its backing. I've heard that it's supposed to be backed by real US dollars, but I'm not sure if that's actually true. Can someone explain if USDT is really backed and how that works? Is USDT really backed?
usdt backed question

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