What is USDT

A stablecoin issued by Tether and pegged to the US dollar. 1 USDT is worth about 1 dollar.

USDT is the most popular stablecoin in the world. It is issued by Tether, which states that every token is backed by reserves in dollars and US Treasury bills.

In Kazakhstan USDT is bought for tenge at licensed exchangers to hold savings in dollar terms or to transfer money. The USDT to tenge rate is usually slightly above the official NBK dollar rate.

USDT exists on several networks: TRC20, ERC20, TON and others.