Dear WEEXers,
USDT is a token Tether USD (now referred to as USDT) based on the stable value currency U.S. dollar (USD), launched by TEDA Tether. 1USDT=1 USD. Users can use USDT to exchange 1:1 with USD at any time.
Tether strictly abides by the 1:1 reserve guarantee; for each USDT token issued, its bank account will have 1 USD of funds guaranteed. Users can conduct fund inquiries on the Tether platform to ensure transparency. Users can wire USD to SWIFT When using the bank account provided by Tether or exchanging USDT through the exchange to redeem USD; the reverse operation means that the user can also trade Bitcoin for USDT on the sale.
USDT is a digital asset based on the Omni Layer protocol released on the Bitcoin blockchain. The most prominent feature of USDT is that USDT is designed as a copy of fiat currency on the digital network, making it a good store of value in the volatile cryptocurrency market. Tokens users can still trade in the blockchain asset market without being affected by the price fluctuations of most blockchain assets.|
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