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Questions tagged [stay on $1]

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Giulia Giulia Sun Feb 09 2025 | 6 answers 1331

How does Tether stay on $1?

I want to understand how Tether, a cryptocurrency, maintains its value pegged to $1. I'm curious about the mechanisms and strategies employed by Tether to keep its price stable despite market volatility.

How does Tether stay on $1?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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