USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of dollars in reserves that is equal to the number of USDT in circulation.
Risk reminder:Digital asset transactions have extremely high risks and are not suitable for most people. You understand and understand that this investment may cause partial or total loss, so you should decide the amount of investment based on the degree of loss you can bear. You understand and understand that digital assets will generate derivative risks, so if you have any questions, it is recommended to seek the assistance of a financial advisor first. In addition, in addition to the risks mentioned above, there will also be unpredictable risks. You should carefully consider and use clear judgment to evaluate your financial situation and the above risks before making any decision to buy or sell digital assets and bear all the losses arising therefrom. We are not responsible for this.