Price Tether (USDT)

0.911 EURO (0.11% )
The displayed price is informative and does not represent the trading price.

Rank 3

Market cap

62.24B EUR

Circulating Supply

67.62B USDT

Max Supply

73.14B USDT

Thanks to the technological development of recent years, money can constitute digital goods traded online, much faster than traditional methods. One of these decentralized methods is the Tether (USDT) ecosystem. It is the most well-known stablecoin and continues to generate attention from investors. However, before investing in Tether, the factors that determine the value of the stable currency must be analyzed. For additional information about the origin and use of Tether, you can access the "About the Tether cryptocurrency" page.

As in the case of traditional investments, an overview of the assets must be formed. With an overview of Tether (USDT) cryptocurrency, investors can trade calculatedly and take advantage of USDT's applicability in the crypto ecosystem.

Stablecoins are valuable because they offer investors an efficient financial tool to avoid the volatility of cryptocurrency markets. By moving funds into USDT, an investor can reduce their risk of exposure to a sudden drop in the crypto market. In addition, unlike the US dollar, USDT eliminates the high costs and delays that affect the execution of transactions on the crypto market.

There is one important factor that investors in Tether (USDT) must keep in mind. Although the price is linked to the US dollar, it can fluctuate in rare situations, in which confidence in Tether Limited and in the company's ability to support the value of the stable currency is affected.

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