Tether (USDT) in the Top 5 cryptocurrencies by market capitalization

[jonnyc]

Tether (USDT) suffered from a sharp decline in market capitalization since October 2018. But with the cryptocurrency market continuing its downward trend, the Stablecoin has now made its way into the Top 5. One factor for this was the dramatic decline of other currencies such as Bitcoin Cash and EOS.

Tether did not issue any new tokens in October of this year. Instead, within a few days, Tether Limited did send a total of 690 million Tethers (USDT) back to its Treasury account. The company took these tokens out of circulation.

https://tokenmantra.com/tether-usdt-in-the-top-5-cryptocurrencies-by-market-capitalization/

[MrSpasybo]

That is sad news for the market when there are not many people believe in BTC or altcoins, exactly they want to exit crypto.

[kent47400]

Tether did not issue any new tokens in October of this year.

This statement is very unreasonable because to my knowledge that the Tether is a token attached to Exploler OMNI.
Everyone also knows that tokens cannot create coins except for MainNet and create their own Exploler.

TETHER: https://coinmarketcap.com/currencies/tether/

[Loah Morgan]

Currently, Tether (USDT) is the top 9 cryptocurrencies by market capitalization. Tether Price for today is $1.0076934232. Its current circulating supply is USDT 2,580,057,493 with a market cap of $2,015,171,697.

The Tether coin is a cryptocurrency that is meant to mirror the value of the U.S dollar. It was conceived as a stable cryptocurrency that can be exchanged like a digital dollar in payments that facilitate faster transactions.

The main advantage of currencies like the USDT coin is their relative stability over other cryptocurrencies in the market since it is tied to the USD. That gives them the name “stable coins”, and the Tether is the most popular one and is even accepted as a replacement to the dollar on many popular exchanges.

One gets 132 USDT by doing eth to usdt exchange, which is a good range to convert. We can hold tether as it is stable coin, there will not be much fluctuation.