Tether (USDT) offers a way for investors to avoid the extreme volatility of other cryptocurrencies . By moving value to USDT, a trader might reduce their risk of exposure to a sudden drop in the price of cryptocurrencies. It is also much quicker and cheaper to transfer BTC into Tether rather than the U.S. dollar.
Read moreDoes USDC lose value?
USDC is pegged 1:1 to the value of U.S. dollars, so its value doesn’t fluctuate like that of BTC or ETH.
Read moreWhat are the risks of USDC?
USDC’s current risk score means it is a relatively low risk investment . Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments. USD Coin is 0.13% lower as of the last 24 hours of trading, resulting in its current price of $1.00.
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