Enpatika

Tether (USDT) is the most valuable stabelcoin in the world, sporting a market capitalization of $69 billion, more than double the value of USD Coin (USDC), the next largest coin. In order to assure buyers that it is trustworthy , Tether claimed it had cash reserves equal in value to the stablecoins it issued.

Is tether a good investment? Potentially . Because it’s a stablecoin, it should keep to a value of $1, give or take a couple of cents. That’s the point of it – it isn’t meant to make or lose money in and of itself, but rather to be a stable store of value.

Tether (USDT) is a blockchain-based cryptocurrency whose tokens in circulation are backed by an equivalent amount of U.S. dollars , making it a stablecoin with a price pegged to USD $1.00.