1) Tether (USDT) Tether is the largest and most well known stablecoin in the crypto market, with a total market cap of $77.5 billion USD ($107.9 billion AUD). Tether is available on 428 exchanges, making it the most widely-available stablecoin for investors to use.
Read moreIs Binance coin a stablecoin?
Stablecoins’ market value is pegged to the value of a “stable” reserve asset like the US dollar or gold. For example, Binance USD (BUSD), USD Coin (USDC) and Tether (USDT), are all backed on a 1:1 basis with the US Dollar .
Read moreWhat is the price of stablecoin today?
The current price is $1.000098 per USDP . USDP Stablecoin is 44.44% below the all time high of $1.80.
Read moreWhy do CoinGecko and CoinMarketCap show different prices?
The varying prices come down to a few things. First, liquidity . Bitcoin trading volume can be massive on the larger exchanges, such as the ones above, but much lower on smaller exchanges. Those differences in supply affect the price.
Read moreWhich app is the best for trading Bitcoin?
Answer: Some of the best apps for trading cryptocurrencies are Cash App, Gemini, Crypto Pro, Block Fi, Binance, Kraken, Coinbase, Robinhood , and others. There are thousands of apps you can use to trade crypto, but the best apps for trading cryptocurrency have low fees and are secure.
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