Cryptocurrency Q&A
How does USDT keep its peg?
How does USDT keep its peg?
OliviaTaylor
Fri Nov 22 2024
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5 answers
1214
I'm curious about how USDT maintains its peg to the US dollar. What mechanisms or strategies does it employ to ensure stability and avoid significant deviations from its intended 1:1 ratio with the USD?
5 answers
Andrea
Sat Nov 23 2024
During times of economic uncertainty, USDT becomes a safe haven for investors due to its stable value.
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benjamin_rose_author
Sat Nov 23 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet.
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KpopStarlight
Sat Nov 23 2024
The peg of USDT is supported by valuable assets, primarily fiat currency.
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Dario
Sat Nov 23 2024
Each USDT token is backed by an equivalent amount of cash, ensuring its stability.
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Carlo
Sat Nov 23 2024
This mechanism, known as matching fiat currency, provides a sense of security to investors.
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