USDT: Stablecoin for Settlements and Storage
USDT (Tether) is a dollar stablecoin by Tether Limited that aims to maintain a value of approximately 1 USD; the market price may deviate. Issuer, network, and blocking risks are possible, as well as jurisdictional restrictions. It operates on several blockchain networks, primarily TRC-20 (Tron) and ERC-20 (Ethereum). Fees depend on network load and service conditions; confirm the network with the manager. Networks are incompatible: the recipient's address must correspond to the sender's network. USDT is the primary tool for locking in crypto profits and international settlements without conversion to fiat currency.
Why the JPY/USDT Rate Matters for Traders
The JPY/USDT pair reflects the yen's price in dollar equivalent. The weakness of the yen - a result of Japan's loose monetary policy over many years - attracted carry traders: they borrowed in yen and invested in higher-yielding assets. A sharp strengthening of the yen upon the Bank of Japan's policy shift can cause volatility across the broader market. For those holding yen who want to move to USDT, it is important to monitor Bank of Japan signals.
Exchanging Yen for USDT via ATM24
ATM24 handles Japanese yen exchanges by request via WhatsApp or Telegram. The preliminary rate and conditions are confirmed by the manager before payment, after verification of the amount, payment method, route availability, and applicable KYC/AML, sanctions, and jurisdictional restrictions. When receiving USDT, it is important to clarify the supported network in advance with the ATM24 manager - TRC-20 or ERC-20 - and provide the corresponding network wallet address. For large volumes or non-standard directions - clarify conditions in advance.
The scope of identification (KYC) and source of funds verification (AML) is determined by applicable law and transaction amount; specific requirements are communicated by the manager before payment.
Operations with crypto assets involve regulatory risks; their permissibility depends on the jurisdiction of the parties and may change. Before a transaction, independently assess applicable restrictions; the manager confirms the possibility and conditions of a specific transaction before payment.