Here are some key metrics for USDT (Tether):
Market Performance
- *Current Price*: $1.00
- *Market Cap*: $112.89 billion
- *24-hour Trading Volume*: $53.28 billion
Blockchain Information
- *Blockchain*: Omni, Ethereum (ERC-20), Tron (TRC-20), Solana, Avalanche, and others
- *Total Supply*: Backed by equivalent US dollar reserves
Use Cases
- *Stable Store of Value*: Minimizes exposure to cryptocurrency price fluctuations
- *Trading and Settlements*: Widely used in cryptocurrency markets for trading and settlements
- *Remittances*: Enables fast and low-cost cross-border transactions
Key Benefits
- *Stability*: Pegged to the US dollar, reducing volatility
- *Liquidity*: High liquidity and widespread adoption
- *Convenience*: Easy to use and transfer
Would you like to know more about USDT's role in the cryptocurrency market or its potential use cases?