Giulia
Thu Apr 10 2025
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7 answers
1524
Why does Tether stay at $1 dollar?
I'm wondering why the price of Tether always remains at $1 dollar. Is there a specific reason or mechanism behind this stability?
Riccardo
Wed Sep 11 2024
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6 answers
1109
How do stablecoins stay at $1?
How exactly does a stablecoin maintain its value at $1, despite the volatility of the cryptocurrency market? Are there any specific mechanisms in place to ensure that the stablecoin's price remains stable and does not fluctuate significantly? Are these mechanisms transparent, and can they be trusted to keep the value of the stablecoin stable over time?
