Frequently Asked Questions
Short answers to the questions readers ask most, each linking into the fuller explanations elsewhere in the library.
The short answers
Frequently asked questions
What keeps USDT near one dollar?
Arbitrage. When the market price drifts, traders who can convert tokens to dollars (or back) through redemption channels capture the difference, pushing the price toward the reference. It is an incentive mechanism, not a legal guarantee.
Is my USDT holding insured?
No. Stablecoin holdings are not covered by deposit insurance schemes. Your protections are the issuer's operations, published reports and whatever rights regulation grants — worth understanding before sizing any position.
Which network should I use when sending USDT?
The one your recipient actually uses. Address formats, fees and access differ per network, and a mismatched transfer does not auto-reverse. Confirm the network with the counterparty; for large amounts, test with a small sum first.
What does an attestation report prove?
That at a specific past date, an accounting firm performed agreed procedures on specified items and saw what it reported. It is a snapshot under limited scope — useful, but not a promise about tomorrow.
Do you give financial advice?
Never. This library explains mechanisms. Whether and how to use any instrument is your decision; our job is to make sure it is an informed one.
How current are the numbers on this site?
Everything numeric is a snapshot marked as such. Rules, reserve compositions and market structures drift; re-verify anything that feeds a real decision.