USDT (Tether) is a stablecoin — a type of cryptocurrency designed to maintain a stable value by staying pegged to the US dollar. This means 1 USDT always equals 1 USD, regardless of market conditions.
Why USDT is useful
It holds a stable value, so you're not exposed to the price volatility typical of other cryptocurrencies.
It can be sent and received globally, 24/7, without going through traditional banking systems.
Transactions are typically faster and cheaper than international wire transfers.
How USDT works in AstroPay
AstroPay gives you a USDT wallet where you can:
Receive USDT from external wallets or exchanges.
Buy and sell USDT using your local currency.
Use your USDT balance with the AstroCard.
Send USDT to other wallets or exchanges.
USDT transfers in AstroPay run on four blockchain networks: Ethereum (ERC-20), Tron (TRC-20), BNB Smart Chain (BSC), and Polygon. Each network may carry a different fee.
Your USDT balance is always denominated in US dollars, making it easy to track alongside your other funds.