Could you please clarify for me the total supply of USDT, the stablecoin that is pegged to the value of the US dollar? I'm interested in understanding the overall availability of this
cryptocurrency and how it compares to other digital assets in terms of its circulating supply. Additionally, I'm curious if there are any plans to adjust the total supply in the future, and if so, what factors might influence such a decision.
7 answers
Nicola
Thu Aug 22 2024
In the past 24 hours, the price of Tether's USDT has experienced a slight decline of -0.02%. Despite this minor fluctuation, Tether remains one of the most stable and widely used cryptocurrencies in the market.
SejongWisdomSeeker
Thu Aug 22 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies at current market prices, providing them with the opportunity to capitalize on market movements and potential profit opportunities.
SakuraBlooming
Thu Aug 22 2024
The circulating supply of USDT is currently at 112.93 billion tokens. This large supply helps to maintain the stability of the USDT price, as it ensures that there is always a sufficient amount of tokens available to meet market demand.
CryptoWanderer
Thu Aug 22 2024
USDT's stability is a key factor in its popularity among traders and investors. As a stablecoin, it is designed to maintain a stable value relative to the US dollar, which makes it an attractive option for those looking to hedge against market volatility.
EchoWhisper
Thu Aug 22 2024
BTCC is a leading cryptocurrency exchange that offers a wide range of services to its users. One of these services is the ability to trade USDT and other cryptocurrencies in real-time.