Is USDT same as USD digital?

Tether (USDT) is a blockchain-based cryptocurrency whose tokens in circulation are backed by an equivalent amount of U.S. dollars , making it a stablecoin with a price pegged to USD $1.00.

Since USDT is more available , it supports more trading pairs and is easier to complete trades. However, BUSD will likely become more visible as people see its qualities and the demand for such stablecoins increase.

Is tether a good investment? Potentially . Because it’s a stablecoin, it should keep to a value of $1, give or take a couple of cents. That’s the point of it – it isn’t meant to make or lose money in and of itself, but rather to be a stable store of value.