Controversial 'Stable Coin' Tether Is Now the 9th Largest Cryptocurrency
Tether’s Eponymous Token, Which the Company Claims is backed by physical USD at a 1:1 Ratio, has been Controversial in Cryptocurrency, debates over whether it be handle the industry with systemic risk have been Increased over a past 16 months in Lockstep with USDT Swelling Market Cap.
On 25th June, Tether (USDT) made it's first Significant USDT issuance in more than a month, Created 250 million new Tokens to raise the token’s Market Cap by the Corresponding $250 million.
The release of those new Tokens, along with the general Downtrend in a Wider Cryptocurrency Markets and It have been left TRX and IOTA behind and gone one step up.
Can USDT go more up in Market Cap?
Comment your anwer.
Source : CCN
Thats a good news for tether holders...it may increase its value...
Thanks for letting us know... great post!
Yup..
@pawsdog Hey Senior
Can you help me to grow here. I'm new here.
Tether is future
Not at Price.
I don't think it will go up in price.
Great post
Thanks..
is this anyway to earn without investment on this platform.
I never hold usdt. Because i am not sure about it. Is this a good project?
It's mostly used when Price more fluctuate . So for that you can sell BTC with USDT so no more loss you do.
@crypto.update becasue techically according to RSI and candle stick pattern (harami pattern) it shows some reversal so it means btc will go up that means also that tether will lose some market cap.
Quality content.
@crypto.update bro ur view on TUSD?
Same as USDT as Stable Coin
Coins mentioned in post: