usdt
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USDT available for sale
Quantity :- 204
Rate :- 94
UPI IMPS. CDM AVAILABLE
adhar card pan card compulsory
only Indian buyer DM
#usdt
Quantity :- 204
Rate :- 94
UPI IMPS. CDM AVAILABLE
adhar card pan card compulsory
only Indian buyer DM
#usdt
#usdt , or Tether, is a type of cryptocurrency known as a stablecoin. Here's some key information about USDT:
Stability: USDT is designed to maintain a stable value relative to a traditional fiat currency, typically the #US dollar (USD). This stability is achieved through backing each USDT token with reserves of the underlying fiat currency.
Usage: USDT is widely used for trading and transactions within the cryptocurrency ecosystem. It provides a way for traders and investors to hedge against volatility without exiting the crypto market.
Issuance and Transparency: Tether Limited, the company behind USDT, claims to issue tokens based on a 1:1 reserve ratio with the corresponding fiat currency (e.g., USD). However, there have been controversies and concerns in the past regarding the transparency of these reserves.
Blockchain: USDT operates on various blockchain platforms, including Omni, Ethereum (as an ERC-20 token), Tron, and others. Each platform offers different advantages in terms of transaction speed and cost.
Regulatory Scrutiny: Due to its prominence in the cryptocurrency market and its potential impact on financial stability, USDT has faced regulatory scrutiny. Authorities have raised concerns about its reserves, issuance practices, and impact on market dynamics.
Alternatives: While USDT is the most widely used stablecoin, alternatives such as USDC (USD Coin), DAI, and others have gained traction, offering different approaches to stability and transparency.
Stability: USDT is designed to maintain a stable value relative to a traditional fiat currency, typically the #US dollar (USD). This stability is achieved through backing each USDT token with reserves of the underlying fiat currency.
Usage: USDT is widely used for trading and transactions within the cryptocurrency ecosystem. It provides a way for traders and investors to hedge against volatility without exiting the crypto market.
Issuance and Transparency: Tether Limited, the company behind USDT, claims to issue tokens based on a 1:1 reserve ratio with the corresponding fiat currency (e.g., USD). However, there have been controversies and concerns in the past regarding the transparency of these reserves.
Blockchain: USDT operates on various blockchain platforms, including Omni, Ethereum (as an ERC-20 token), Tron, and others. Each platform offers different advantages in terms of transaction speed and cost.
Regulatory Scrutiny: Due to its prominence in the cryptocurrency market and its potential impact on financial stability, USDT has faced regulatory scrutiny. Authorities have raised concerns about its reserves, issuance practices, and impact on market dynamics.
Alternatives: While USDT is the most widely used stablecoin, alternatives such as USDC (USD Coin), DAI, and others have gained traction, offering different approaches to stability and transparency.
VERY IMPORTANT CRYPTO MOVE FROM RUSSIA, FIXED COINS ARE LEGALIZED.
Russia, which is experiencing difficulties in trading due to Western sanctions, aims to enact the use of stablecoins in cross-border payments. The Central Bank of Russia is also actively involved in the studies.
“PERMANENT REGULATION, NOT TEMPORARY TRIAL”
Alexey Guznov, deputy governor of the Central Bank of Russia, also officially confirmed the work done and used the following statements:
“Our first focus here should be on regulating the transaction chain. Movements such as the transfer of the relevant cryptocurrency to Russia, its accumulation and use in cross-border payments should be placed within a certain framework. We want this to be a permanent arrangement, not a temporary trial.”
WHICH FIXED COIN?
The most important issue here is which stablecoin will be used in transfers... Currently, it stands out as the leading stablecoin Tether (USDT) in terms of market value and usage.
$usdt #usdt #russia #crypto
Russia, which is experiencing difficulties in trading due to Western sanctions, aims to enact the use of stablecoins in cross-border payments. The Central Bank of Russia is also actively involved in the studies.
“PERMANENT REGULATION, NOT TEMPORARY TRIAL”
Alexey Guznov, deputy governor of the Central Bank of Russia, also officially confirmed the work done and used the following statements:
“Our first focus here should be on regulating the transaction chain. Movements such as the transfer of the relevant cryptocurrency to Russia, its accumulation and use in cross-border payments should be placed within a certain framework. We want this to be a permanent arrangement, not a temporary trial.”
WHICH FIXED COIN?
The most important issue here is which stablecoin will be used in transfers... Currently, it stands out as the leading stablecoin Tether (USDT) in terms of market value and usage.
$usdt #usdt #russia #crypto
CoinShares releases weekly crypto report: “The market may be returning”
Crypto investment products closed last week at $30 million. CoinShares, which published its weekly report on the subject, also touched upon the sales in "short-Bitcoin" funds despite these outflows in its analysis and said, "This may be a sign that the market is returning."
#Bitcoin $BTC #btc #short #usdt
Crypto investment products closed last week at $30 million. CoinShares, which published its weekly report on the subject, also touched upon the sales in "short-Bitcoin" funds despite these outflows in its analysis and said, "This may be a sign that the market is returning."
#Bitcoin $BTC #btc #short #usdt
USDT worth $1 billion was minted🔥
The bull market is knocking on the door
Meanwhile, there are high amounts of stablecoin inflows to spot exchanges.
#BTC #stablecoin #usdt $BTC
The bull market is knocking on the door
Meanwhile, there are high amounts of stablecoin inflows to spot exchanges.
#BTC #stablecoin #usdt $BTC
