# Stablecoin (USDT)

> A stablecoin is a cryptocurrency pegged to a fiat currency, usually the US dollar; USDT (Tether) is the most used one for paying services because a deposit of 100 USDT is credited as about 100 dollars with no exchange-rate risk.

Paying in Bitcoin means the amount you send is converted at a moving price. Paying in a dollar stablecoin removes that step: the token is worth one dollar by design, so the credited balance matches what you sent, minus nothing but the network fee. USDT exists on several networks; the one you choose decides the fee and the speed.

Stablecoins are the pragmatic choice for a business that budgets in dollars and does not want a treasury position in a volatile coin.

At SMSMeteor: USDT is accepted; the deposit screen shows the network to use, and the [USDT page](https://smsmeteor.com/pay-with/usdt) compares the options.

Related terms: [TRC-20 vs ERC-20](https://smsmeteor.com/glossary/trc20-erc20), [Network fee](https://smsmeteor.com/glossary/network-fee), [Market rate at credit](https://smsmeteor.com/glossary/market-rate-at-credit)

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Source: https://smsmeteor.com/glossary/stablecoin (HTML). Generated by SMSMeteor from the same data as the page. Summary of the whole site: https://smsmeteor.com/llms.txt