USDT is a kind of virtual currency that links cryptocurrency with legal tender dollar, and it is a kind of virtual currency deposited in foreign exchange reserve account and supported by legal tender. Teda Dollar (USDT) is a dollar-based token with stable currency introduced by TEDA Company. USDT 1 USD = 1 USD. Users can exchange USD for USDT at any time. The tether company strictly abides by the reserve guarantee of 1: 1, that is, every time it issues 1 USDT tokens, its bank account will be guaranteed by 1 USD. Users can query funds on the tether platform to ensure transparency. USDT merchants are a group of people who buy and sell USDT coins. USDT coin is the most famous and stable coin in the currency circle today. At present, the daily trading volume of USDT currency is as high as 65.438+0666 billion, with fast circulation and large quantity, so it has become a tool for many businesses to make money. As a stable currency with the largest market share and the widest influence, USDT cannot collapse. A very important reason for advocating currency trading is that it can cut off the money laundering chain inside and outside the exchange without involving legal tender. Without legal tender, there will be no government supervision based on legal tender.