Token price
+0.06% last 24h
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Market cap
24h vol
Holders
Total liquidity
-
Balance: $0
($62.02 B)
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Data provided by
CoinMarketCap.comTether (USDT) is issued by Tether Limited, instituted in Hong Kong and under the jurisdiction of the British Virgin Islands. Jan Ludovicus van der Velde, CEO of an exchange, is associated with this token. It aims to hold an equivalent value to the U.S. dollar and is often used similarly to dollars on particular exchanges. Tether connects the value of its token to several national currencies such as the dollar, Euro, and Yen, paving the way for cash-to-token conversions. Tether is often employed by exchanges for liquidity, thus facilitating trades with alternative to banking dependencies. Tether can be used by traders to obtain different tokens like Bitcoin on exchanges that accept it. The discussion does exist regarding the role of Tether in addressing banking difficulties for exchanges, with people expressing concerns about possible Bitcoin price manipulation. With the aid of the Omni Layer protocol, Tether facilitates USDT transfers. Though be aware, transferring to external elements may incur fees. Tether allows conversions to USD, facilitating connections with bank accounts. As with other tokens, Tether is grounded in blockchain and has its own distinct space in the token market.
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USDT Metrics:
Current price: $0.9992
Market cap: $134.87 B
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $78.7 M
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