What is the market cap of Tether (USDT)?

3 answers

• Mar 06, 2022 · 3 years ago
  Tether (USDT) is a stablecoin that is pegged to the value of the US dollar. As of the latest data, the market capitalization of Tether is approximately $60 billion. This makes it one of the largest cryptocurrencies by market cap. Tether is widely used in the cryptocurrency market for trading and as a store of value due to its stability.
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• Mar 06, 2022 · 3 years ago
  The market cap of Tether (USDT) is constantly changing due to fluctuations in its circulating supply and the price of each token. However, as of now, the market cap of Tether is around $60 billion. It is important to note that Tether's market cap is closely tied to its backing by US dollars held in reserve, which provides stability and confidence to users.
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• Mar 06, 2022 · 3 years ago
  According to data from BYDFi, the current market capitalization of Tether (USDT) is approximately $60 billion. Tether is a popular stablecoin in the cryptocurrency market and is widely used for trading and as a hedge against market volatility. Its market cap has been steadily increasing over the years, reflecting the growing demand for stablecoins in the digital asset ecosystem.
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