I have tried to picture out the most stable coin on the market and after enough brain-storm, I discovered that USDT is the most stable coin in the market, it has always be between, $1 and $0.99.
I have tried to picture out the most stable coin on the market and after enough brain-storm, I discovered that USDT is the most stable coin in the market, it has always be between, $1 and $0.99.
Are you really sure USDT as the most stable coin? What do you think about Ripple (XRT)? Which one is the most stable between them? I agree if you said USDT as one of the stable coins, but I am not really sure it is the most. I think you are better to explain more to make us understand with your research.USDT is most stable coin. Ripple (XRP) just like others crypto currency, with high volatile. But the price XRP rather batter in bear market than the others, not down to much.
I have tried to picture out the most stable coin on the market and after enough brain-storm, I discovered that USDT is the most stable coin in the market, it has always be between, $1 and $0.99.Just USDT is one of the most popular among stable coins. Perhaps this is because she appeared among the first. However, this is really one of the most stable coins that are in good demand. Stable coins continue to gain popularity, especially during the bear market. |
This type of cryptocurrency is developed as the most stable and non-volatile type of crypto-assets.It depends on what we mean by stability.
I have tried to picture out the most stable coin on the market and after enough brain-storm, I discovered that USDT is the most stable coin in the market, it has always be between, $1 and $0.99.Assessing the stability of x, all comes down to what factor or element we compare x with, in other words, it comes down to the basis of comparison.
USDT is one of the most sought after stable coins. Regarding its stability, other stable coins are also at about the same level of price stability. Therefore, they are called stable coins.USDT is only as much stable as the USD.*
The purpose of this project USDT is to create a stable crypto market, where there will be a low/no loss when trading. But there is no much gain if invested on it.
There has been a joked around that AI will print more USDT? Or with AI, will they continue to scam us? Jokes aside, really hard to say, but I don't think that in the future Tether will replace the real dollar, America is not going to allow it. But them venturing into AI could be a good as everyone is already moving in that direction and they obviously doesn't want to be left behind. And as far as I know, there have been a lot of venturing in their end, like this news,(https://i.ibb.co/LhN5106/photo-2024-03-26-16-13-43.jpg)P.S. What do you think about this news? Do you think that during the positive news, users will buy more Teher to replace the real dollar? ::)
"Tether have announced their ambition to expand into the field of artificial intelligence. The company intends to lead the development of open source multimodal AI models.
In addition, Tether have announced the recruitment of specialists to support this initiative."
That report indicates that Tether has spent $420 million on 100,000 Nvidia H100 GPU approximately 2% of the 550,000 GPUs that Nvidia will ship this year. Tether made the purchase on behalf of Northern Data, a German crypto mining firm that intends to rent cloud access to those thousands of specialized chips to AI startups. In turn, Tether will gain 20% stake in Northern Data.
There has been a joked around that AI will print more USDT? Or with AI, will they continue to scam us? Jokes aside, really hard to say, but I don't think that in the future Tether will replace the real dollar, America is not going to allow it. But them venturing into AI could be a good as everyone is already moving in that direction and they obviously doesn't want to be left behind. And as far as I know, there have been a lot of venturing in their end, like this news,If you look at it as a whole, it's as positive news as possible. In every joke, there's always a bit of truth. So who knows. It's very hard to guess what will happen in a few years. Maximum unpredictability. Cryptocurrency and artificial intelligence are developing at maximum speed.
https://cryptoslate.com/tether-acquires-20-stake-in-german-bitcoin-miner-northern-data-in-unusual-equity-deal-report/ (https://cryptoslate.com/tether-acquires-20-stake-in-german-bitcoin-miner-northern-data-in-unusual-equity-deal-report/)
Take a look at Digital gold, I think that the idea behind it's really better than almost all stablecoins we have, since the tokens are backed by real gold and a limited amount.
the bill requires issuers to build reserves in fiat and equivalents at a 1-to-1 ratio= the end of USDT