系绳（USDT）解释：有关系带硬币的所有信息

Tether（USDT）是一种Stablecoin，它是一种旨在维持随着时间的稳定值的加密货币。

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，一种旨在随着时间的推移保持稳定值的加密货币。它与其他加密硬币不同，例如比特币（Crypto：BTC）或以太坊（Crypto：ETH），因为其价格与美元挂钩。

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

这是您需要了解的有关系绳及其工作原理。

What is Tether?

什么是系绳？

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.

系绳是一种称为Stablecoin的加密货币。该令牌是由Tether Limited在2014年创建的。与其他类型的加密货币不同，USDT没有经历狂野的价格。取而代之的是，系绳的价值通过1：1的比例与美元息息相关，这意味着一枚系带硬币约等于$ 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.

根据CoinMarketCap.com的数据，截至3月中旬，一枚系绳硬币的市值为1.00美元，市值为1440亿美元，使其成为市场上限的第三大加密货币。

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.

系绳硬币得到了美国现金和Tether储量持有的其他资产的支持。为了管理供应并确保USDT硬币的价值与1美元的价值保持一致，Tether的母公司Tether Holdings Limited负责管理储备供应。该公司季刊报告其储备金。

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，勒索报告的资产多于负债，其支持为1576亿美元，而流通的代币则更多。

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，1.576亿美元的支持不仅是在银行里的一堆美元账单中，而且这笔钱通常以现金，现金同等，有担保的资金，公司债券，贷款，贷款和一些替代资产的价格持有。

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

这是一个更仔细地看一下绳索如何存储其现金：

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

系绳的流动资产分配分解（82.3％）：

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

Tether的替代资产分配分解（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.

许多投资者只是将Tether视为美元的数字版本。这很重要，因为它直接影响了投资者如何使用绳索硬币以及硬币在加密货币宇宙中的运作方式。

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.

在束缚之前，加密交易者实际上没有任何办法轻松地将钱从区块链生态系统中移出，而无需将他们的法定资金完全从加密货币空间中带出。

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，这意味着，如果您想出售比特币，但不想完全兑现，而是想购买另一种加密货币，您必须出售加密货币，以实际现金的形式取得收益，然后将现金转移到您的帐户中。

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

有了Tether，投资者可以出售其比特币，然后将资金停在稳定的股中，而不是兑现。

How Tether works

系绳的工作原理

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还介绍了仍在区块链上运行的不太挥发性资产的想法。因此，投资者还将Tether用作价值存储。例如，在极端市场波动率的情况下，投资者将考虑束缚，这会越来越少。

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.

系绳还在智能合约中发挥作用，这是一旦满足预定的条件，这是自我执行的合同。通过使用Tether或其他Stablecoin作为这些智能合约的一部分，投资者可以避免使用另一个可能更波动的加密货币所带来的价格并发症。

Is Tether a good investment?

系绳是不错的投资吗？

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

由于其基本的美元支持，Tether似乎是一项更安全的投资，但它仍然是一种加密货币。

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.

整个加密货币市场都有很大的风险，包括疯狂的价格波动，这是创建Tether的部分原因。即使在投资稳定币时，也请记住，加密货币的挥发性却尽其所能。您仍在加密价格仅由投资者情绪驱动的环境中，而不是像股票那样的现金流或业务绩效。

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.

如果您要投资于Tether作为两种加密货币之间交换媒介的角色，请考虑是否兑现是您的一个更好的选择。当然，这取决于您的目标是什么以及通过投资加密货币来实现的目标。

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.

财务顾问可以帮助您创建一个平衡的投资组合，以满足您的短期和长期目标 - Bankrate的AdvisMatch可以帮助您与CFP®专业人员建立联系。

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，您可能还不必支付与将钱移入加密交易所相关的费用，这可能避免加密交易所“在坡道上和外部费用”，这是您收取的，这是您将FIAT钱移入帐户中和移出帐户的要求。您可能仍然需要与使用区块链网络相关的费用，但是使用系绳有时可能更具成本效益