Tether USDT Remains Limitless Expanding To Tezos Blockchain

in LeoFinance2 years ago (edited)

Tether's USDT remains the most trusted stablecoin as it holds a marketcap of $72 billion, $19 billion more USDC and is the third trusted cryptocurrency after Bitcoin and ethereum. Being stable means crypto investors and crypto enthusiast have put their trust in the ability of USDT to remain a firm stablecoin.
It goes beyond words that Tether has been radical from last month leading to their launch on Tezos blockchain. Last month Tether launch a new asset that is backed by Mexican Peso MXNT, a move that pushed it into the Latin American country.
Still that same month, Tether expanded its wings to the Polygon network having more ground to pushing it's reach to more people.

Tezos XTZ is 36th on coingecko with marketcap of $1.9 billion, it's a proof-of-stake platform for creating smart contracts and decentralized applications.
Tether USDT is aiming to reach the DeFi space more as it would unklock some DeFi products.

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Anywhere an opportunity lies, it should be taken advantage of without ado. Tether has been able to maintain its $1 peg although at $0.9996 as of writing. Gaining more ground means gaining more awareness.
Cryptocurrency is volatile and stablecoin is stable which closes the gap between the two.
There remains crypto enthusiast who at different chains and wouldn't like to leave their chain to another so this actually brings an opportunity to users on the blockchain to move assets in getting USDT freely.

The stablecoin Tether USDT remains on top because of maintaining it's peg to $1 even after falling s bit short after Terra's event. Such stablecoin like this keep the trust and eye of many on stablecoin.

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