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USDT

USDT (or Tether) is probably the most popular blockchain-based stablecoin in the cryptocurrency space and its close connection to Bitcoin is well-known by all market participants. All USDT tokens that circulate are backed by the same amount of US dollars, so the stablecoin’s price is always pegged to $1. Tether is used by both retail and major investors who want to enter or exit the crypto market at any given time as it can be used to purchase Bitcoin and other coins, or it can be used as a refuge in times of crisis when the market displays high volatility.

price:$1.006

market cap:$65.8B

24 Hour Trading Vol:$39.4B

Circulating Supply:65.4B

Total Supply:65.4B

Staked Value:$780.9M

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