What's the price of San Diego coin (sand) in USDT?

Compare prices & liquidity spreads for San Diego Coin (SAND) to Tether (USDT) across these top coin exchanges. SAND/USDT is trading today at 0.00085123USDT. 24-hour trading volumes are reported at $0.00 . San Diego Coin to Tether conversion rate is calculated live based on data from multiple exchanges.

Is USDT a stablecoin?

When the price of a specific coin remains stable (because it’s paired with USDT), investors can then use that coin pair as a more reliable medium of exchange and method of value storage, instead of just a speculative investment (whose price may go up or down at any moment). In addition to being a stablecoin, USDT is also fiat-collateralized.

What is a sand token?

The SAND token is a standard version ERC-20 token, which means owners can stake it and benefit from staking rewards. Unlike the proof-of-work (PoW) consensus mechanism employed by the Bitcoin blockchain, PoS does not require vast amounts of electrical or computing power to validate transactions.

What is United States dollar Tether (USDT)?

The answer to the question “What is USDT?” involves four specific parts: United States Dollar Tether (USDT) is a blockchain -based cryptocurrency But USDT is much more than just those four details. At its heart, it’s a centralized, fiat-collateralized stablecoin. Before we dive into those details, let’s take a look at how USDT came about.