Unlike conventional cryptocurrencies, stablockins are linked to the exchange rate of a fiat currency — for example, the euro or the dollar. One of the most popular "stable tokens" is USDT from Tether. What is Usdt cryptocurrency and what it means. USDT is the first and most popular stablecoin, which was released in 2014.

What is USDT in cryptocurrency, or rather a digital token running on the blockchain. It is distinguished by its stable price, which is always equal to 1 US dollar. Such cryptocurrencies are called stablecoins, they are convenient for trading on crypto markets, as a replacement for fiat money, which is problematic to enter and withdraw from the exchange every time. USDT is issued by Tether and, in theory, is supported by real dollars stored in its accounts.

Stablecoins are a special type of cryptocurrencies that differ from others by a fixed value tied to fiat assets. For example, USDT is backed by the US dollar. The volatility of the token varies in the range from 0.01 to 1% per day.

USDT, like other stablecoins, is a profitable asset for trading cryptocurrencies, as it gives traders protection from market volatility characteristic of BTC and other cryptocurrencies. The use of stablecoins eliminates additional costs and delays when converting between cryptocurrency and fiat.

Ideally, Tether should always cost $ 1 (The Tether - USD USDT rate is always: 1 tether = $1) on all exchanges. However, in practice, the price tends to fluctuate slightly.
The first thing you need to pay attention to is how to use usdt — these are different token standards. Some users—especially beginners —don't think about it. But for USDT, this is an important characteristic, on which the features of its storage and transfers depend. The fact is that most cryptocurrencies have no restrictions on the use of different types of wallets.
A source: https://www.tapatalk.com/groups/wmforum/how-to-use-usdt-t791.html