Today, Tether (USDT), a leading stablecoin, is trading around $1.0008, slightly down by -0.03% in the last 24 hours. Its total market capitalization stands at $114.3 billion with a circulating supply of 114.41 billion USDT. The 24-hour trading volume for USDT is approximately $138 million. The stablecoin is designed to maintain a 1:1 peg with the US dollar, and while fluctuations are minimal compared to other cryptocurrencies, it provides a reliable store of value for traders and investors.
