USDT is not the same as the American dollar (Venezuela Version)
In the Venezuelan market, due to the inability to obtain foreign currency through traditional banking mechanisms, people and businesses are turning to the crypto world and paying special attention to USDT.
As a result, a new parallel dollar has emerged, which they have called "Binance dollar."
People must understand that USDT is a token issued by the company Tether, and it is backed by financial assets and aims to maintain a kind of 1:1 parity with the American dollar, hence it is called Stablecoin or Stable Cryptocurrency.
However, it is not the same as the American Fiat dollar.
For this reason, it is important to acquire knowledge about the Crypto ecosystem to have a better perspective on the digital asset being traded.
USDT is a bridge for trading in the Crypto world and acquiring other digital assets like $BTC
