What type of Token does USDT belong to?

What type of Token does USDT belong to? What type of Token does USDT belong to?

According to the latest data from DeBank, as of 18:00 on January 15, 2021 (GMT+8) Beijing time, the price of BTC was $29,000, with a 14.7% decrease in the past 24 hours.

According to DuneAnalytics data, the total market value of USDT has reached $400 million, with a current trading volume of $1.6 billion;

The total market value of Ethereum has surpassed $50 billion, with a 16.8% increase in the past 24 hours; Bitcoin ranks first with a market value of $44 billion, accounting for 20.2% of the entire Ethereum network’s computing power, followed by Ethereum, with approximately 3 million user addresses holding the currency.

In the field of cryptocurrency, we can compare Bitcoin and Ethereum: both Bitcoin and Ethereum are stablecoin projects issued by issuers.

Bitcoin is a blockchain protocol supported by Bitcoin Cash, which manages activities on the Bitcoin blockchain using smart contracts.

Bitcoin Cash aims to create a decentralized, permissionless, censorship-resistant, and secure network infrastructure, allowing people to exchange fiat currencies peer-to-peer, ensuring that participants without intermediaries cannot manipulate its system, eliminating the need for central banking institutions for digital assets.