By orbix • Publish in Crypto 101 • Dec 13,2024 • 4 min read
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Cosmos Network, also known as “Internet of Blockchain”
orbix
Dec 26,2023
2 min
Number 1 stablecoin in the industry, USDT or Tether, which is another coin that pegged it value with US Dollar so coin value will always be the same with US Dollar. USDT can be utilize on many of network such as Ethereum, solana, Tron, etc.
Founder
USDT was found by Tether Limited, with the purpose of disrupt and change the financial system to more digital finance.
Why USDT
As USDT pegged it value with US Dollar, the coin value was stabilized. User can transfer the coin to anywhere, any time, any volume through blockchain that operate 24/7 with low cost fee and high speed, much better than transfer via bank or financial institute. To assure user, Tether release the capital of organization that audit by top financial auditor in the market every quarter, building trust in the industry with high transparency, leading the coin to be the highest volume stablecoin.
USDT Utility
USDT can be used to buy and sell products or services online in the store that accept digital assets.
Also, USDT has the alternative to transfer money over borders other than banks, with faster transaction and lower cost and various utility, high transparency, and number 1 of all stablecoin in the industry.
Disclaimer: Digital tokens involve high risks; investors may lose all investment money and should study information carefully and make investments according to own risk profile.