Tether (USDT) has surpassed 1,500 won in Upbit's KRW market, according to Cryptonewsterminal Market Monitoring. USDT is currently trading at 1,502 won, up 1.69% on Upbit. The current won-dollar exchange rate is 1,449.67, down 0.17%. USDT's rise in value against the won comes amid a broader uptrend for the cryptocurrency market. Bitcoin (BTC), the world's largest cryptocurrency, has gained over 20% in the past week, and Ethereum (ETH) has gained over 30%. The increase in the value of USDT against the won is likely due to a number of factors, including increased demand for USDT from South Korean investors and a weakening of the won against the dollar.

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