Cryptocurrency Q&A What is the USDT dominance?

What is the USDT dominance?

InfinityRider InfinityRider Wed Jan 15 2025 | 7 answers 1371
I want to understand what USDT dominance means. I'm curious about its significance in the cryptocurrency market and how it compares to other digital assets. What is the USDT dominance?

7 answers

StarlitFantasy StarlitFantasy Fri Jan 17 2025
Tether, represented by the symbol USDT, holds a significant position in the cryptocurrency market.

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CryptoPioneer CryptoPioneer Fri Jan 17 2025
Its market cap dominance highlights its popularity and acceptance within the crypto community.

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CryptoDynasty CryptoDynasty Thu Jan 16 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts.

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TimeRippleOcean TimeRippleOcean Thu Jan 16 2025
As a stablecoin, Tether is unique in that it is pegged to an external asset, the US dollar.

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StormGlider StormGlider Thu Jan 16 2025
This pegging mechanism allows Tether to offer stability, which is a crucial factor for investors.

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