Topic: What is usdt?? (Read 68929 times)
You could think of USDT as the replication of US dollar in the cryptocurrency market, an example would be a tether, the value of such coins are one dollar or very close to this to maintain the same number of coins as their market cap to keep an average of one.
It is a cryptocurrency with the blockchain technology which is linked with the currencies like usd, eur, jpy. It was declared that usdt is in parity with usd but usdt was a bit lower. You may trade this currency if you understand the movement of usd.
Folks, do you even focus on the date of the main post and all prevoius posts? As I would see it looks senseless and suspicious to knock so old strings.
USDT is the base unit (altcoin) for a general understanding of investors on crypto-exchanges - how much real money they can transfer to a purse purse. There was still no case for USDT to confirm its status as real dollars.
USDT=USD, you only need to understand this, you don't have to go deeper.
I've read alot of stupid posts over the years but this one may be the most ill informed of them all.
USDT=USD, you only need to understand this, you don't have to go deeper.
USDT is a Tether, which is a cryptocurrency
Tether was specifically designed to build the necessary bridge between fiat currencies and cryptocurrencies. Tether token can be transacted on popular cryptocurrency exchanges that include Binanace ETC.
Tether was specifically designed to build the necessary bridge between fiat currencies and cryptocurrencies. Tether token can be transacted on popular cryptocurrency exchanges that include Binanace ETC.
usdt - this is an extra reason to prove that the crypto currency is not a universal scam 
You can draw an analogy with gold and the dollar attached to it. (who knows will understand)
And they say that usdt is a same scam
You can draw an analogy with gold and the dollar attached to it. (who knows will understand)And they say that usdt is a same scam
USDT is first and foremost the opportunity that bankers give us, just think how cleverly they came up with such wrappers, which today give the opportunity to fix their deposits, it's after all happiness.
This is the tether cryptocurrency. This cryptocurrency is tied to the us dollar exchange rate, so you can use it if you want to stay neutral to cryptocurrencies that lose in value. And when the growth begins to exchange these coins for another cryptocurrency and make a profit.
actually I also see USDT on Poloniex and Bittrex because when I read, USDT (USD Tether) is a cryptocurrency asset issued on blockchain Bitcoin, but in my opinion It is a 1-to-1 digital currency, created via omni platform and each usdt coin is backed by US dollars. I think this is one useful coin.
USDT (Tether) is a cryptocurrency that is backed by the dollar and has a rate like the dollar.
Before it's not yet proven that it is backed up by real dollar. But with the current reports that came out it says that they are real.Source: Tether Cryptocurrency Fully Backed By US Dollars, Says Report
Quote
There are still some gaps to be filled. The report emphasizes that it “should not be construed as an audit,” and FSS is not an auditing firm. Moreover, the report only shows that Tethers were fully backed on June 1st–saying nothing about balances or account activity prior to Tether’s engagement with FSS.
“The bottom line is an audit cannot be obtained,” Stuart Hoegner, Tether’s general counsel, told Bloomberg in a phone interview Tuesday. “We’ve gone for what we think is the next best thing.”
“The bottom line is an audit cannot be obtained,” Stuart Hoegner, Tether’s general counsel, told Bloomberg in a phone interview Tuesday. “We’ve gone for what we think is the next best thing.”
Very slick wording, this in no way proves they were not pumping with fractional reserves and bought back when the price dumped. That line that an audit cannot be done is bullshit what it should read is "The bottom line if an audit is done it will be exposed that we scammed the market and are now solvent because of it". And FSS is not an auditing firm they are a lawyers firm.
So they greased some palms to buy some legitimacy when all they had to do was allow an accounting firm audit them which this was not.
https://www.freehsporkinsullivan.com/
AND this still does not address the issue that they do not guarantee that USDT will be accepted for USD. I'm not even going to bother to check if their site still says they will not honor usdt if they don't want to.
USDT and other Tether currencies were established to facilitate the transfer of national currencies or the fiat money to help users with a stable alternative to bitcoin and to give an alternative for exchange and wallet audits which is currently inaccurate.
USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform
USDT- is the price or amount that really matters on crypto a back up funding, if there's no usd then we might have any other currencies that will represent. Right now we have the bitcoin pair based usd and other currencies that will use as back up!
usdt is a cryptocurrency pegged to USD!
emission of usdt should be backed entirely by real dollars in a bank account!
but since now this isn't too much clear...
a study said that usdt is the cause of big pumps of BTC...
emission of usdt should be backed entirely by real dollars in a bank account!
but since now this isn't too much clear...
a study said that usdt is the cause of big pumps of BTC...
A coin that has a certain price,constant. 1usdt =1$. It can't deviates more than 15% from the original coin. Is a stable coin
USDT (Tether) is a cryptocurrency that is backed by the dollar and has a rate like the dollar.
Before it's not yet proven that it is backed up by real dollar. But with the current reports that came out it says that they are real.Source: Tether Cryptocurrency Fully Backed By US Dollars, Says Report
USDT can be transferred, stored, spent as bitcoins or any other crypto currency, users can store their savings in purses with support for Omni Layer: Ambisafe, Holy Transaction or Omni Wallet.
USDT (Tether) is a cryptocurrency that is backed by the dollar and has a rate like the dollar. To translate the whole cryptoperthite in USDT front of the drawdown market is a great way to save and primnoid your capital
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