Summary

Classic USDT (USDT) is a stablecoin designed to provide stability and reliability in the cryptocurrency market. Each Classic USDT token is backed by a corresponding US dollar held in reserve, ensuring a 1:1 peg to the USD. Classic USDT can be used for various purposes, including digital payments, remittances, trading on cryptocurrency exchanges, and participation in decentralized finance (DeFi) applications. While Classic USDT is not regulated, its transparent issuance and commitment to maintaining its peg to the US dollar offer users a trusted and efficient means of transacting value in the digital economy.