Cryptocurrency Q&A Why use a Tether instead of USD?

Why use a Tether instead of USD?

Federica Federica Mon May 13 2024 | 7 answers 1249
Could you please explain to me the rationale behind using Tether instead of USD? I'm curious about the advantages it offers in comparison to the widely accepted US dollar. After all, USD enjoys global recognition and stability. So, what makes Tether a viable alternative, especially in the realm of cryptocurrency and finance? I'm interested in understanding its unique features and how it might enhance transactions or investments. Could you elaborate on this, please? Why use a Tether instead of USD?

7 answers

EthereumEliteGuard EthereumEliteGuard Wed May 15 2024
Cryptocurrency and finance span a vast ecosystem.

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ShintoMystical ShintoMystical Wed May 15 2024
From exchanges to digital wallet applications, they cater to diverse needs.

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Paolo Paolo Tue May 14 2024
BTCC, a UK-based exchange, offers a range of services including spot, futures, and wallet options.

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Margherita Margherita Tue May 14 2024
Decentralised finance (DeFi) protocols and payment services add further layers.

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BusanBeautyBloomingStarShine BusanBeautyBloomingStarShine Tue May 14 2024
Among the offerings, Tether tokens stand out as a smart alternative.

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