A stablecoin pegged to the dollar
USDT (Tether) is a token whose value is pegged to the US Dollar. The issuer claims to back the tokens with reserves.
Compared to the dollar, USDT fluctuates only slightly in everyday life. Compared to Euro, Franc, Złoty, Pound, or Crown, the value changes with the respective exchange rate – which is why the payout amount in your currency is never completely fixed until a rate is fixed.
Why multiple networks?
USDT exists on multiple blockchains, such as TRON (TRC-20), BNB Smart Chain (BEP-20) and Ethereum (ERC-20). It is the same token name, but the networks are not connected to each other. A transfer must always be made in the network specified by the recipient.
USDT and USDC: the difference
Both are pegged to the US Dollar, but have different issuers, reserve reports, and networks. At KryptoEuro, USDT is accepted via TRC-20, BEP-20, and ERC-20, whereas USDC is accepted only natively via Ethereum (ERC-20) and Solana.
Risks and regulation
Stablecoins are not risk-free. The EU regulation MiCA affects crypto assets and certain crypto services. Norway, as an EEA state, has implemented MiCA into national law since July 2025; therefore, being a non-EU country does not automatically mean being outside of MiCA. The UK and Switzerland have their own legal frameworks. This does not imply any statement about any permission for KryptoEuro.
- Dependency on the issuer and its reserves
- Possible freezing of addresses by the issuer
- Different availability on platforms depending on the legal jurisdiction