The value of USDT is imagined to be reminiscent of just one US Dollar, and Tether confined, the business at the rear of USDT, statements to hold reserves of US bucks in a banking account to back the issuance of USDT. This is frequently referred to as a one:1 peg, meaning that For each USDT in circulation, there really should be an equivalent number of US Dollars held in reserve.
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