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Topic: Tether (USDT) in the Top 5 cryptocurrencies by market capitalization (Read 129 times)

sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
So what? we need to consider tether as good crypto when compared with less market capitalized coins? Not like that we should stop analysing the coins based on cap values because its just a number not denotes the value of coin.I think why tether has more value of marketcap just by people converted their coins into stable coins to make the profits which they have been made from the recent bump.
jr. member
Activity: 105
Merit: 9

Though tether will not be good enough for long term investment I believe sake of its stability it will be good to hold some tether so that in times decline in the value of bitcoin and the other cryptos you will be a bit secured.

If you just for invesment, i suggesting not to buy it. It equal to usd in fiat money
But for trade international it can easy payments than use fiat money. No need banking transaction. It use full
newbie
Activity: 19
Merit: 2
Tether (USDT) suffered from a sharp decline in market capitalization since October 2018. But with the cryptocurrency market continuing its downward trend, the Stablecoin has now made its way into the Top 5. One factor for this was the dramatic decline of other currencies such as Bitcoin Cash and EOS.

Tether did not issue any new tokens in October of this year. Instead, within a few days, Tether Limited did send a total of 690 million Tethers (USDT) back to its Treasury account. The company took these tokens out of circulation.

https://tokenmantra.com/tether-usdt-in-the-top-5-cryptocurrencies-by-market-capitalization/
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