USDT Tether supply edges toward 90 billion with potential influence on Bitcoin prices James Van Straten · 5 months 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.
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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)
$0.99985 +0.04%
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.