USDT, also known as Tether, is a stablecoin cryptocurrency designed to maintain a value close to 1 US dollar. Unlike Bitcoin, which can change in price rapidly, USDT is intended to stay stable, making it useful for everyday digital transactions and trading. It is widely used on cryptocurrency exchanges to buy, sell, and transfer digital assets quickly without converting back to traditional bank currencies. People also use USDT for international payments, online purchases, savings, and sending money across borders with lower fees and faster processing times compared to many traditional banking systems.
