Cryptocurrency Q&A How does USDT dominance work?

How does USDT dominance work?

EchoWhisper EchoWhisper Wed Mar 19 2025 | 6 answers 790
I'm trying to understand how USDT dominance operates. Could someone explain to me the mechanism behind it and how it affects the crypto market? How does USDT dominance work?

6 answers

SapphireRider SapphireRider Fri Mar 21 2025
By combining the stability of traditional investment tools with the earning potential of crypto, Tether appeals to a wide range of investors.

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AzrilTaufani AzrilTaufani Fri Mar 21 2025
Tether, with its market Cap dominance measured in USDT, stands as a pioneer in the stablecoin model.

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HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Fri Mar 21 2025
The unique aspect of Tether lies in its pegging to an external asset, the US dollar.

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KimchiChic KimchiChic Fri Mar 21 2025
This pegging allows Tether to offer stability, a rare commodity in the volatile world of cryptocurrencies.

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KiteFlyer KiteFlyer Thu Mar 20 2025
The concept of a stablecoin, as exemplified by Tether, has revolutionized the way people perceive and invest in cryptocurrencies.

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