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What does USDT mean in Chinese?

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What does USDT mean in Chinese? According to the market data from the Chinese w

What does USDT mean in Chinese?

What does USDT mean in Chinese? According to the market data from the Chinese website of USDT, as of 3 PM on July 1, 2018, the market value of USDT reached $591 million, with a total trading volume in the cryptocurrency market of $455 million. Among them, USDT accounted for 51.8% of the market share; BTC accounted for 20.4% and ETH accounted for 12.5%.

The English meaning of USDT is “Digital Money Exchange Services,” which refers to an electronic currency exchange. It utilizes mainstream blockchain technologies such as Bitcoin and Ethereum to achieve decentralized financial infrastructure. Its main feature is to provide instant settlement services and support various blockchain-based applications, such as payment processors, wallet applications, and other platforms.

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