Questions tagged [currency]

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Chloe_emma_researcher Chloe_emma_researcher Thu Mar 28 2024 | 7 answers 1607

Is USDT a coin or currency?

I'm a bit confused about the terminology in the crypto world. I often hear about USDT being mentioned, but I'm not sure if it's considered a coin or a currency. Could you clarify this for me? I understand that it's pegged to the value of the US dollar, but does that mean it's more like a stablecoin or a type of fiat currency? I'm trying to wrap my head around the different classifications in this space and would appreciate your expertise.

Is USDT a coin or currency?
Valentina Valentina Wed Mar 27 2024 | 5 answers 1002

Is USDT a good currency?

I've been hearing a lot about USDT lately, and I'm curious if it's a good currency to invest in. I understand it's pegged to the US dollar, which gives it some stability, but I'm still not sure if it's a wise choice. What are your thoughts on USDT? Is it a good currency for long-term holdings or for trading? And what are the risks associated with it? I'd appreciate your insights and advice.

Is USDT a good currency?

|Topics at Cryptocurrency Q&A

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