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Obtaining USDT involves converting cash into digital currency, pegging its value to national currencies such as the US dollar, euro, and yen.
Tether strictly adheres to a 1:1 reserve guarantee, meaning that for every issued USDT token, there is a corresponding $1 in their bank account as a financial safeguard.
Users can check fund details on the Tether platform to ensure transparency.
Tether is a virtual currency that pegs its value to the US dollar, linking cryptocurrency with fiat currency.
On OTCBTC, one can purchase USDT using UnionPay; this platform is currently the most frequently used trading platform by the author.
Tether (USDT) is a virtual currency that pegs its value to the US dollar, functioning as a cryptocurrency backed by fiat currency stored in foreign exchange reserve accounts. |
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