USDT, or Tether, is the highest-turnover stablecoin and the de facto standard coin at crypto casinos. Its value is tied to the US dollar: 1 USDT should stay at about one dollar.
Why it dominates at casinos
Three reasons. The value does not swing — the balance and the win stay in the same order of magnitude, unlike bitcoin (see exchange-rate risk). The transfer is cheap — usually under a euro on TRC-20. Speed — one to three minutes.
The network matters more than the coin
The same USDT moves on several chains and they are not interchangeable:
- TRC-20 (Tron) — the address starts with T, the fee is cents, the most common at casinos.
- ERC-20 (Ethereum) — address 0x, the fee fluctuates with gas.
- BEP-20 (BNB Chain) — address also 0x, cheap.
USDT sent to the wrong network is lost practically every time. Choose the network in the cashier before copying the address.
What to keep in mind
Tether is a token issued by a company, not a decentralised coin: in theory addresses can be frozen. For everyday casino use that is not an obstacle, but it is worth bearing in mind for long-term holding.
The houses where you can play with USDT are collected in the USDT casino list; a comparison of the networks is in the post TRC-20 vs ERC-20.