Post
Topic
Board Altcoin Discussion
Re: usdt tether market cap grows from 4,6 billions to 10,800 billions from March
by
Reatim
on 29/08/2020, 12:52:05 UTC
usdt tether market cap grows from 4,6 billions to 10,800 billions from March 2020

For last week - when btc jumped from 9 000 to 11 000 - tether issued 800 millions usdt

Do you think tether really has fiat for backing this usdt?  Wink
Thats Why USDT beats Ripple in rank number 3 position for couple of times because of this Big Capitalization in which brings The currency to permanently
took the rank 4.
But i am not into Stable coin and i don't know why,i felt like i have nothing to expect in this type of Currency when i can just Buy none stable coin and make money in sooner time?



August, 29

usdt

Total Assets   $13,458,090,864.97

From July, 29 - was issued about  $2,700,000,000  Wink


But that was not CMC says?

https://coinmarketcap.com/currencies/tether/

But maybe sooner we don't know since USDT is gaining support from Businesses these days.