Excuse me, could you please tell me how much USDT is currently in existence? I'm quite curious about the total supply of this stablecoin and its impact on the cryptocurrency market. As a layman in this field, I find it intriguing to understand the economics behind it. Could you also explain how its supply is managed and whether there's a limit to its issuance? Thank you for your time and assistance.
7 answers
DigitalBaron
Sat Mar 30 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services for crypto enthusiasts and investors. BTCC provides a secure and user-friendly platform for trading various cryptocurrencies, including Tether.
CryptoQueen
Sat Mar 30 2024
Currently, the market capitalization of Tether stands at a significant level of $103.9 billion, making it one of the top-ranked cryptocurrencies in terms of market size.
Andrea
Sat Mar 30 2024
The trading volume of Tether has been impressive over the last 24 hours, reaching a total of $42.4 billion. This significant trading volume reflects the high demand and liquidity of the token.
Margherita
Sat Mar 30 2024
The token's circulating supply stands at 104 billion tokens, with a total supply of the same amount. This indicates that the entire supply of Tether tokens is currently available in the market.
Silvia
Sat Mar 30 2024
The current price of Tether is $1.00092, providing investors with an opportunity to purchase the token at a competitive market price.