What is the current market cap of Tether coin?
stuard moraNov 28, 2021 · 3 years ago3 answers
Can you provide the latest information on the market capitalization of Tether coin? I'm interested in knowing the current value of Tether coin in terms of its market cap.
3 answers
- Nov 28, 2021 · 3 years agoThe current market cap of Tether coin is approximately $62 billion. This makes it one of the largest cryptocurrencies by market capitalization. Tether coin is a stablecoin that is pegged to the value of the US dollar, which contributes to its popularity and high market cap.
- Nov 28, 2021 · 3 years agoAs of the latest data, Tether coin has a market cap of around $62 billion. This means that the total value of all Tether coins in circulation is equivalent to $62 billion. The market cap is an important metric that reflects the overall size and value of a cryptocurrency.
- Nov 28, 2021 · 3 years agoAccording to data from BYDFi, the current market cap of Tether coin stands at approximately $62 billion. Tether coin is widely used in the cryptocurrency industry due to its stability and ability to maintain a 1:1 peg with the US dollar. Its high market cap reflects the trust and demand for this stablecoin.
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