Tether market cap reddit

2019-08-22

In the last 24 hours USDT price is up 0.05%. Tether has an available supply of 37,498,617,350 and a total supply of 37,498,617,350 coins alongside with $37.5B market cap and a $125.2B 24h trading volume. The most active USDT trading exchange is Binance. Tether is listed on 55 exchanges with a sum of 400 active markets.

25.04.2021

Check out live cryptocurrency rates on our cutting-edge financial platform. See the value of Tether in USD and other popular fiat and cryptocurrencies. TradingView . EN. TradingView.

The total market cap of Tether has increased by 500% from about $2 billion in February 2019 to reach $10 billion, with this partly being down to how the product works across a range of blockchains

Traders need USDT for a very obvious reason: they want to protect themselves and evade the exposure to market risk. Tether price is always stable, although with some small There are $2.2 billion in Tether outstanding and the current market cap of the entire market is $400 billion according to CoinMarketCap. The global market cap of crypto is around $800 billion. However the actual dollars invested is much lower than that.

Tether founder Brock Pierce launched Tether in 2014 so traders could quickly enter or leave a position without being subject to the volatility of the crypto market. The stablecoin was meant to be backed 1:1 by real USD, meaning the price of the coin would be relatively stable. Around November 2018 however, the rumours of Tether not being backed 1:1 reached the former state attorney general of

32 votes, 72 comments. Keep holding onto USD if you don't know what's good for you because with breakneck printing, you get a tether buck that's … r/Tether: Tether is a blockchain-enabled platform designed to facilitate the use of fiat #Tether added an additional $14B to its market cap since January 2021. At the time of writing Tether is almost hitting a $23b Market Cap, an increase of by Tether and given to Bitfinex to cover up the losses Crypto Capital created. Apr 15, 2018 The Tether market cap was even going up over the last months. Has someone a explanation for that?

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Tether is a favourite of the crypto trading markets — it moves at the speed of crypto, without all that tedious regulation and monitoring that actual dollars attract. For comparison, the market cap of this dollar-pegged coin stood at $20 billion as of January 1. Then, it soared to $26 a month later. Tether has seen roughly half of its aggregate market cap achieved in the last three months. 🎉 Tether now has a $35B market cap!

So what does this mean They must be doing a good job cause marketcap is everything! /s. 30. Share. Report Save. "Market liquidity" is ~85 million Dai. I think this number is close to the actual amount of Dai deposited, it is close to the supply minus the borrow. This is due If I see a rise of value, I check that it's propagated across exchanges.

2018-02-07 Tether Market Statistics . Market Cap . $ 32,240,698,002 . Available Supply . 33,508,167,441 . Max Supply . Unknown .

Let's dive into this case to see what's it all about.

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2020-10-26

Every Tether token is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). After Tether, USDC dominates stablecoins with a $452 million market cap. USDC, a stablecoin developed by the Circle, is the second-largest USD-backed stablecoin on the market according to data from Skew. 2 min read → Tether: The biggest stable coin by market cap will be having a critical turning point.