Cryptocurrency Q&A Why is USDT equal to USD?

Why is USDT equal to USD?

lucas_lewis_inventor lucas_lewis_inventor Tue Mar 04 2025 | 7 answers 1307
I'm wondering why the value of USDT is always equal to USD. Is there a specific reason or mechanism behind this pegging? How does it maintain its stability and equivalence to the US dollar? Why is USDT equal to USD?

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