Tether CEO Highlights USDT Stability Amid Crypto Market Flash Crash
Paolo Ardoino underscores USDT’s liquidity and reliability as collateral during market volatility, cautioning against low-liquidity assets for derivatives trading.
USDT
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Terms & Concepts
USDT: A U.S. dollar-pegged stablecoin issued by Tether, designed to maintain a 1:1 value with the USD.
Collateral in Derivatives Trading: Assets pledged to secure positions in derivatives markets, used to cover potential losses and ensure trade settlement.
Liquidity: The ease with which an asset can be quickly bought or sold in the market without affecting its price.