Tether (USDT) Q1 Trading Volume Plunges To $5.3 Trillion In Quarterly Low

Tether (USDT) Q1 Trading Volume Plunges To $5.3 Trillion In Quarterly Low


With the chaotic phase that the crypto market is going through, Tether (USDT) trading volume in Q1 of 2022 plunged lower compared to the same quarter of last year. The total Tether transaction for the first quarter of 2022 is 26,454.

Even though the bearish trend has seen many investors turning to stablecoins, the interest of investors for USDT remains a bit controlled.

Tether is dubbed to be a stable crypto because unlike Bitcoin, Tether is pegged with the US dollar which means it retains a consistent value over time. It’s a go-to or preferred altcoin especially for investors who have a low risk appetite.

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What Is Tether?

Tether is a stablecoin

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