What is the current market value of Tether or USDC?
cupsDec 14, 2023 · 2 years ago3 answers
Can you provide the current market value of Tether (USDT) or USD Coin (USDC)? I'm interested in knowing the current value of these stablecoins.
3 answers
- Lakshit GuptaNov 07, 2024 · a year agoSure! As of today, the current market value of Tether (USDT) is approximately $1.00. Tether is designed to maintain a 1:1 peg with the US dollar, so its value should remain stable. USDC, on the other hand, also aims to maintain a 1:1 peg with the US dollar. As of now, the current market value of USDC is also around $1.00. Both Tether and USDC are widely used in the cryptocurrency market for their stability and liquidity.
- SoniOct 30, 2020 · 5 years agoThe current market value of Tether (USDT) or USD Coin (USDC) is approximately $1.00. Both stablecoins are designed to be pegged to the US dollar, which means their value should remain relatively stable. Tether and USDC are commonly used in the cryptocurrency industry for various purposes, such as facilitating trading, providing liquidity, and serving as a stable store of value.
- taiwanlannisterSep 07, 2024 · a year agoAccording to the latest data, Tether (USDT) and USD Coin (USDC) both have a current market value of around $1.00. These stablecoins are widely used in the cryptocurrency market as they provide a convenient way to transact and store value without the volatility typically associated with other cryptocurrencies. Tether and USDC are trusted by many traders and investors due to their stable value and widespread acceptance.
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