Cryptocurrency Q&A What is meant by ETH USDT?

What is meant by ETH USDT?

Michele Michele Thu Jan 02 2025 | 7 answers 1495
I'm trying to understand the meaning of ETH USDT. I've heard of Ethereum (ETH) and Tether (USDT), but I'm not sure what the combination of the two represents or how it works in the cryptocurrency market. What is meant by ETH USDT?

7 answers

Federico Federico Fri Jan 03 2025
The pairing is against Tether, abbreviated as USDT.

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BlockchainBaron BlockchainBaron Fri Jan 03 2025
USDT is a type of stablecoin designed to maintain stability.

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SamsungShineBrightnessRadianceGlitter SamsungShineBrightnessRadianceGlitter Fri Jan 03 2025
ETHUSDT stands as a unique cryptocurrency trading pair.

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Eleonora Eleonora Fri Jan 03 2025
It signifies the value of Ethereum, denoted as ETH.

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SeoulSoul SeoulSoul Fri Jan 03 2025
It is pegged to the United States dollar, ensuring less volatility.

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