What is USDT and Why It's so Popular? Full Explained Here!

What is USDT and Why It's so Popular? Let's Look ? We Trade on MEXC ? https://www.mexc.com/register?inviteCode=mexc-108 This video breaks down what USDT (Tether) is and why it's become the most widely used stablecoin in the crypto ecosystem. It explains how stablecoins like USDT allow traders to avoid crypto market volatility by providing a digital asset pegged to the U.S. dollar. Tether's early launch in 2014 gave it a network advantage, making it the default stable pair across nearly every major exchange! 0:00 - Intro to USDT (Tether) 0:24 - What a Stablecoin Actually Does 0:45 - Benefits Over Bank Withdrawals 1:00 - Why Tether? 1:27 - The Trust Factor: 1:1 Peg 1:44 - What Backs Each USDT Token 1:50 - Mint and Burn Model Explained 2:21 - Audits & Third-Party Attestations 2:37 - Why Users Still Trust Tether 2:53 - MEXC's Low Fees & No KYC