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Most cryptoexchanges don't actually support cryto<>fiat transfers, so USDT offers a substitute in situations where you don't want to "cash out" (per se) but wan
by dawhizkid 9y ago
Most cryptoexchanges don't actually support cryto<>fiat transfers, so USDT offers a substitute in situations where you don't want to "cash out" (per se) but want to hold some of your balance in something that is supposed to be equivalent to fiat.
- dingo_bat 9y agoMakes sense, so instead of holding BTC which can go +-30% in a few hours, you hold in USDT which is pegged to the dollar.