Why is Tether (USDT) becoming popular for international money transfers?

Tether, a stablecoin pegged 1:1 to the US dollar, offers a fast and low-cost alternative to traditional remittances. Unlike wire transfers that can take days and charge high fees, USDT transactions settle in minutes with minimal cost, making them accessible even on basic smartphones. Its price stability removes the volatility risk common to cryptocurrencies like Bitcoin https://deeznutjokes.com/tethers-role-in-international-money-transfers/. This makes it especially attractive in countries with unstable currencies, such as Venezuela or Argentina, where recipients can retain the value of their funds without immediate conversion into devaluing local money.