Is USD coin the same as Tether?

While Tether is not necessarily a long-term investment that will grow your money by itself because it stays pegged to the U.S. dollar , there are lending platforms, exchanges and wallets that will pay you high interest rates to store USDT on their platform.

Tether Price RankCurrencyPrice2Ethereum$2,968.753Tether$1.004BNB$404.915USD Coin$1.00Tether Price Chart Today – Live USDT/USD goldprice.org › cryptocurrency-price › tether-price

Most will pay anywhere from 6% to 12% in interest just for storing Tether on their platform. Tether will typically earn more interest than other popular stablecoins like GUSD, USDC and DAI because of its high demand in trading and cryptocurrency loans.

Tether (USDT/USD) price prediction At the time of writing (16 March) according to Trading Beasts’ Tether (USDT/USD) price forecast, by the end of 2022, the average Tether future price was expected to be $1.27 although its peak could be $1.6 .