latest on binanceUSDT today The live price of Tether USDt i | obrakim on Binance Square

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latest on binanceUSDT today
The live price of Tether USDt is $1.000655 per (USDT / USD) with a current market cap of $154.57B USD. 24-hour trading volume is $63.55B USD. USDT to USD price is updated in real-time. Tether USDt is +0.01% in the last 24 hours with a circulating supply of 154.47B.

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#BigTechStablecoin IMPORTANCE OF CRYPTOCURRENCY 1. Decentralization and Financial Freedom No central control: Unlike traditional currencies controlled by governments or central banks, cryptocurrencies like Bitcoin operate on decentralized networks (usually blockchain). Empowers individuals: People have direct control over their money without relying on banks or financial institutions. Access for the unbanked: It provides financial services to people in regions where banking is unavailable or unreliable. --- 2. Transparency and Security Blockchain technology: Every transaction is recorded on a public, immutable ledger. This increases transparency and reduces the risk of fraud or corruption. Secure by design: Cryptographic methods make it hard to alter records or hack the system. --- 3. Innovation in Finance Smart contracts: Platforms like Ethereum allow for self-executing contracts, enabling complex applications without middlemen (e.g., insurance, real estate, DeFi). Programmable money: Cryptocurrency can be customized for specific use cases, such as micropayments, automated royalties, or decentralized finance (DeFi). --- 4. Global Transactions and Lower Costs Fast, borderless payments: You can send crypto across the world in minutes, often with lower fees than traditional wire transfers. 24/7 access: Unlike banks, crypto markets operate around the clock. --- 5. Hedge Against Inflation Limited supply: Cryptocurrencies like Bitcoin have a fixed supply, which some view as a hedge against inflation and currency devaluation. Alternative store of value: Crypto is often compared to gold as a digital alternative. --- 6. Ownership and Privacy Personal custody: With proper tools, users can hold their own funds (non-custodial wallets) without any third-party interference.

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IMPORTANCE OF CRYPTOCURRENCY

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#BigTechStablecoin Why Big Tech is Turning to Stablecoins Stablecoins offer a way to move money quickly and cheaply across borders, a big selling point for global companies. Unlike traditional bank transfers, which can be slow and costly, stablecoins can enable near-instant settlements and lower fees. This is why firms like Apple and Google are exploring their use for payments and cross-border transfers. Meta, the company behind Facebook, is also returning to this proposal after its earlier attempt faced regulatory hurdles. Uber CEO Dara Khosrowshahi recently said Uber is studying stablecoins for global money transfers, showing the ride-sharing giant’s interest in the space. The push from Big Tech comes as stablecoins attract millions in venture funding and increased scrutiny from lawmakers. They are considering new regulations to protect consumers while fostering innovation.

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