USTD (TEDA coin) is a virtual currency that links cryptocurrency with legal tender dollar, and cannot be directly exchanged with RMB. Generally, USD 1: 1 is used for exchange, and USD 1 USD = 1 can be exchanged by investors at any time.
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.
TEDA currency is a kind of virtual currency, which links cryptocurrency with legal tender dollar. Each TEDA coin is symbolically associated with legal tender supported by the government. TEDA currency is a virtual currency deposited in foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to $65,438 +0.
Characteristics of virtual currency usdt:
1, intuitive:
USDT is equivalent to USD, 1USDT= 1 USD. Each currency = USDT, which is equivalent to its unit price of USD.
2. Stability:
Since TEDA currency is backed by legal tender, users can still trade in the blockchain asset market without being affected by price fluctuations of most blockchain assets.
3. Transparency:
Tether, the TEDA coin issuing company, claims that its legal tender deposit account is regularly audited to ensure that every TEDA coin in circulation is backed by the corresponding US dollar. The deposit account status is public and can be queried at any time. In addition, all TEDA currency trading records will be published on the public chain.