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USDT

Tether is a stablecoin, backed by US dollars and other assets held by the issuing company, Tether. As a stablecoin, USDT can be transferred freely on the blockchain, quickly and for low fees, between users anywhere in the world. However, unlike cryptocurrencies, its price remains stable as it is pegged to the dollar and can ultimately be redeemed against for the assets held in reserve.

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Crypto is better than bills

What is USDT?

USDT exists on several blockchains, but the majority of tokens are hosted on Ethereum. USDT has become the largest and most popular stablecoin by total supply, and a very large number of cryptocurrencies trade against it. Tether acts as a proxy or alternative to fiat money for many users in the crypto world, since they can store and transfer value while keeping it on the blockchain, and avoid being exposed to the risks and complexities of holding funds on an exchange. USDT can also be used with decentralised exchanges, which cannot integrate fiat deposits directly.

0.710400 USDT = 1 AUD

USDT USDT	AUD Australian Dollar
0.01 USDT	0.0141 AUD
0.1 USDT	0.1408 AUD
1 USDT	1.4077 AUD
2 USDT	2.8153 AUD
3 USDT	4.2230 AUD
5 USDT	7.0383 AUD
10 USDT	14.0766 AUD
20 USDT	28.1532 AUD
50 USDT	70.3829 AUD
100 USDT	140.7658 AUD
1000 USDT	1407.6577 AUD