USDT Tether supply edges toward 90 billion with potential influence on Bitcoin prices James Van Straten · 1 year ago
AlphaInsights BitcoinStablecoins
USDT Tether supply edges toward 90 billion with potential influence on Bitcoin prices
Data via Glassnode
USDT Tether experiences a 4 billion surge in circulating supply, echoing trends in Bitcoin's valuation.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Tether USDT (24h)
$1.00136 +0.09%
Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.
Tether Limited
Stablecoin Issuer Company in AsiaTether Limited is the company that introduced Tether (USD₮ or USDT), an asset-backed cryptocurrency stablecoin, in 2014.
Most Viewed
Bitcoin falls to $61k on South Korean exchanges as President declares martial law
Insight 3 days ago