繫繩（USDT）解釋：有關係帶硬幣的所有信息

Tether（USDT）是一種Stablecoin，它是一種旨在維持隨著時間的穩定值的加密貨幣。

Tether (CRYPTO: USDT) is a stablecoin, a type of cryptocurrency designed to maintain a steady value over time. It’s different from other crypto coins, like Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH), because its price is pegged to the U.S. dollar.

Tether（Crypto：USDT）是Stablecoin，一種旨在隨著時間的推移保持穩定值的加密貨幣。它與其他加密硬幣不同，例如比特幣（Crypto：BTC）或以太坊（Crypto：ETH），因為其價格與美元掛鉤。

Here’s what you need to know about Tether and how it works.

這是您需要了解的有關係繩及其工作原理。

What is Tether?

什麼是繫繩？

Tether is a type of cryptocurrency called a stablecoin. The token was created by Tether Limited in 2014. Unlike other types of cryptocurrencies, USDT doesn’t experience wild swings in prices. Instead, Tether’s value is tied to the U.S. dollar via a 1:1 ratio, meaning one Tether coin equals roughly $1.

繫繩是一種稱為Stablecoin的加密貨幣。該令牌是由Tether Limited在2014年創建的。與其他類型的加密貨幣不同，USDT沒有經歷狂野的價格。取而代之的是，繫繩的價值通過1：1的比例與美元息息相關，這意味著一枚繫帶硬幣約等於$ 1。

As of mid-March, one Tether coin was $1.00 with a market cap of $144 billion, making it the third-largest cryptocurrency by market cap, according to Coinmarketcap.com.

根據CoinMarketCap.com的數據，截至3月中旬，一枚繫繩硬幣的市值為1.00美元，市值為1440億美元，使其成為市場上限的第三大加密貨幣。

Tether coins are backed by U.S. cash and other assets held by Tether’s reserves. In order to manage the supply and to make sure the value of a USDT coin stays in line with the value of $1, Tether’s parent company, Tether Holdings Limited, is in charge of managing the reserve supply. The company reports on its reserves quarterly.

繫繩硬幣得到了美國現金和Tether儲量持有的其他資產的支持。為了管理供應並確保USDT硬幣的價值與1美元的價值保持一致，Tether的母公司Tether Holdings Limited負責管理儲備供應。該公司季刊報告其儲備金。

As of Dec. 31, 2024, Tether reported more assets than liabilities, with $157.6 billion in backing and $137.6 billion in circulating tokens.

截至2024年12月31日，勒索報告的資產多於負債，其支持為1576億美元，而流通的代幣則更多。

But the $157.6 billion in backing isn’t just in a stack of dollar bills sitting in a bank somewhere — the money is often held partly in cash, cash equivalents, secured funds, corporate bonds, loans and a few alternative assets.

但是，1.576億美元的支持不僅是在銀行里的一堆美元賬單中，而且這筆錢通常以現金，現金同等，有擔保的資金，公司債券，貸款，貸款和一些替代資產的價格持有。

Here’s a closer look at how Tether stores its cash:

這是一個更仔細地看一下繩索如何存儲其現金：

Breakdown of Tether’s liquid asset allocation (82.3 percent):

繫繩的流動資產分配分解（82.3％）：

Breakdown of Tether’s alternative asset allocation (17.7 percent):

Tether的替代資產分配分解（17.7％）：

Many investors simply see Tether as a digital version of the dollar. This is important because it directly influences how investors use Tether coins and how the coins operate in the crypto universe.

許多投資者只是將Tether視為美元的數字版本。這很重要，因為它直接影響了投資者如何使用繩索硬幣以及硬幣在加密貨幣宇宙中的運作方式。

Prior to Tether, there really wasn’t any way for crypto traders to easily move their money in and out of the blockchain ecosystem without it taking their fiat money out of the crypto space entirely.

在束縛之前，加密交易者實際上沒有任何辦法輕鬆地將錢從區塊鏈生態系統中移出，而無需將他們的法定資金完全從加密貨幣空間中帶出。

This means if you wanted to sell your Bitcoin, for example, but didn’t want to cash out entirely and instead wanted to buy another cryptocurrency, you’d have to sell the crypto, take the gains in the form of actual cash, then re-transfer that cash into your account.

例如，這意味著，如果您想出售比特幣，但不想完全兌現，而是想購買另一種加密貨幣，您必須出售加密貨幣，以實際現金的形式取得收益，然後將現金轉移到您的帳戶中。

With Tether, investors can sell their Bitcoin and then park their funds in a stablecoin rather than cashing out.

有了Tether，投資者可以出售其比特幣，然後將資金停在穩定的股中，而不是兌現。

How Tether works

繫繩的工作原理

Tether also introduced the idea of a less-volatile asset that still operates on the blockchain. Because of this, investors also use Tether as a store of value. For example, in cases of extreme market volatility, investors look to Tether, which experiences fewer price swings.

Tether還介紹了仍在區塊鏈上運行的不太揮發性資產的想法。因此，投資者還將Tether用作價值存儲。例如，在極端市場波動率的情況下，投資者將考慮束縛，這會越來越少。

Tether also plays a role in smart contracts, which are contracts that self-execute once a pre-determined set of conditions have been met. By using Tether, or another stablecoin, as part of these smart contracts, investors can avoid the price complications that would come with using another crypto that may be more volatile.

繫繩還在智能合約中發揮作用，這是一旦滿足預定的條件，這是自我執行的合同。通過使用Tether或其他Stablecoin作為這些智能合約的一部分，投資者可以避免使用另一個可能更波動的加密貨幣所帶來的價格並發症。

Is Tether a good investment?

繫繩是不錯的投資嗎？

Tether might seem like a safer investment because of its underlying dollar backing, but it’s still a type of cryptocurrency.

由於其基本的美元支持，Tether似乎是一項更安全的投資，但它仍然是一種加密貨幣。

The entire crypto market carries significant risk, including insane price swings, which is part of the reason Tether was created. Even when investing in stablecoins, remember that crypto is as volatile as it gets. You’re still parking your money in an environment where crypto prices are driven only by investor sentiment, not cash flow or business performance like stocks are.

整個加密貨幣市場都有很大的風險，包括瘋狂的價格波動，這是創建Tether的部分原因。即使在投資穩定幣時，也請記住，加密貨幣的揮發性卻盡其所能。您仍在加密價格僅由投資者情緒驅動的環境中，而不是像股票那樣的現金流或業務績效。

If you’re investing in Tether for its role as a medium of exchange between two cryptocurrencies, consider whether cashing out is a better option for you. Of course, it depends on what your goals are and what you’re trying to accomplish by investing in crypto.

如果您要投資於Tether作為兩種加密貨幣之間交換媒介的角色，請考慮是否兌現是您的一個更好的選擇。當然，這取決於您的目標是什麼以及通過投資加密貨幣來實現的目標。

A financial advisor can help you create a balanced portfolio that meets your short- and long-term goals — and Bankrate’s AdvisorMatch can help you connect with a CFP® professional.

財務顧問可以幫助您創建一個平衡的投資組合，以滿足您的短期和長期目標 - Bankrate的AdvisMatch可以幫助您與CFP®專業人員建立聯繫。

You may also not have to pay the fees associated with moving your money in and out of a crypto exchange if you’re using Tether, potentially avoiding crypto exchange “on- and off-ramp fees,” which are what you’re charged to move fiat money in and out of the account. You may still pay fees associated with using a blockchain network, but using Tether may sometimes be more cost-effective

如果您使用Tether，您可能還不必支付與將錢移入加密交易所相關的費用，這可能避免加密交易所“在坡道上和外部費用”，這是您收取的，這是您將FIAT錢移入帳戶中和移出帳戶的要求。您可能仍然需要與使用區塊鍊網絡相關的費用，但是使用繫繩有時可能更具成本效益