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Questions tagged [work mechanism]

Best way to learning about blockchain & crypto knowledge for free here 66 questions

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Stefano Stefano Sun May 12 2024 | 7 answers 1654

How does USDT work?

Could you please explain how USDT operates? I've been hearing a lot about it in the crypto space, but I'm still a bit hazy on the specifics. Is it backed by the US dollar or what? And how does it maintain its stability compared to other cryptocurrencies? I'm also curious about its use cases and how it fits into the broader financial ecosystem. Would you mind shedding some light on these points?

How does USDT work?

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