Altcoins News
By Steven Anderson
1 / 10
Tether’s origins and history
2 / 10
USDT makes a lot of sense for online transactions
3 / 10
Bitcoin is the undisputed king of the crypto world as far as its market cap is concerned but it is outpaced by Tether (USDT) by a substantial margin in terms of trading volume.
4 / 10
Tether’s current 24-hour trading volume is at $58.8 billion while Bitcoin’s trading volume is just over $38 billion.
5 / 10
USDT’s stablecoin status unlocks a lot of utility when conducting crypto transactions. For example, it provides a lot of liquidity that allows traders to sell their…
6 / 10
Tether's history goes back to 2012 when J.R Willet proposed the idea of using the Bitcoin protocol to develop new cryptocurrencies.
7 / 10
Tether is found on multiple blockchains and for this reason, the coins on each blockchain may differ in some properties from those hosted on another blockchain.
8 / 10
The ERC20 version is the most common version of the USDT tokens due to wider adoption by exchanges.
9 / 10
High volatility is a common phenomenon in the crypto market and while it might be a good thing for crypto traders, it makes them less appealing for regular transactions.
10 / 10
One could argue that USDT will lose value if the U.S dollar loses value, making it just as inflationary as the U.S dollar.
The Currency Analytics
Want the full story?