Cryptocurrency Q&A Who is USDT pegged by?

Who is USDT pegged by?

Raffaele Raffaele Thu Dec 12 2024 | 5 answers 1036
I would like to know who or what USDT is pegged by. I'm curious about the mechanism behind the pegging of USDT and who is responsible for it. Who is USDT pegged by?

5 answers

Federico Federico Sat Dec 14 2024
This digital token mirrors the value of the traditional U.S. dollar.

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Caterina Caterina Sat Dec 14 2024
The objective of USDC is to maintain a one-to-one peg with the U.S. dollar.

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SamuraiCourage SamuraiCourage Sat Dec 14 2024
USD Coin (USDC) represents a digital form of currency with a unique backing.

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BlockchainVisionary BlockchainVisionary Sat Dec 14 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures, and wallets. Additionally, BTCC provides access to trading USDC, allowing users to benefit from its stable value.

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Sara Sara Sat Dec 14 2024
It is fully supported by assets that are denominated in U.S. dollars.

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