Hello guys welcome once again to my blog, today we will be talking about another popular crypto currency in the financial markets which is tether usdt which is equivalent to the united States dollar.
Tether is the biggest stable coin, holding more than 90% of the stable coin market. It is tied to the US dollar so $1= 1 USDT. Fun facts, Our favorite crypto traders used USDT to protect their profit while trading.
Tether (USDT) is a popular stablecoin that crypto enthusiasts have used for years to leverage their cryptocurrency trades. USDT is pegged to the U.S. dollar, and in theory it should be unaffected by the market volatility that can so dramatically impact the valuation of other cryptocurrencies, such as Bitcoin.
It was launched by the company Tether Limited Inc. in 2014. Tether Limited is owned by the Hong Kong-based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange. As of July 2022, Tether Limited has minted the USDT stablecoin on ten protocols and blockchains.
MARKET CAP
$78,426,966,368.7913
VOLUME
$64,200,878,371.6063
CIRCULATING SUPPLY
78,396,366,147.35383606 USDT
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