Tether (USDT) is a stablecoin whose value is backed by traditional fiat currencies like the U.S. dollar. Tether offers stable purchasing power that encourages holders to use their tokens as opposed to holding onto them. This makes USDT effective for completing everyday transactions for businesses and consumers.
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Because stablecoins are often pegged to FIAT currencies with stable values, they are useful tools for currency conversion. Coins such as USDC, USDT and QCAD won't swing wildly up or down in value between withdrawal and funding another account.
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Link to your bank account to add or withdraw funds seamlessly.
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