Everything you need to know about USDT (Tether)
Tether (USDT) is a stable cryptocurrency (stablecoin) whose value is directly pegged to the US dollar (1 \text{ USDT} \approx \$1).
It is issued and managed by Tether Limited and is backed by a financial reserve system to maintain its peg.
It is widely used for trading on exchanges, fast money transfers, and preserving the value of assets.
Its main advantages are fast transfers, very low fees, and the sought-after price stability.
However, it presents certain significant risks, notably its centralization, the level of transparency of its reserves, and regulatory risks.
Regulatory note: Regarding its legal framework, usage and regulation are subject to new directives (notably in 2025 targeting licensed platforms), which requires great vigilance.