Cryptocurrency News

Tether is gaining momentum against competing stablecoins, says Tether CTO

04/15/2022

Less than a minute

2022.04.15 23:42

Tether is gaining momentum against competing stablecoins, says Tether CTO

Paolo Ardoino, the chief technology officer of Tether and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as USD Coin (USDC).

“If you see the volumes of Tether compared to the rest of stablecoins, they are insanely higher. They are even 10 times higher on a bad day,” he pointed out.

04/15/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,107.89 3.75%

Ethereum (ETH) $ 3,844.78 4.35%

XRP (XRP) $ 2.50 5.65%

Tether (USDT) $ 0.999178 0.17%

BNB (BNB) $ 711.95 3.05%

Solana (SOL) $ 215.87 2.72%

Dogecoin (DOGE) $ 0.383231 5.58%

USDC (USDC) $ 0.999883 0.15%

Lido Staked Ether (STETH) $ 3,837.23 4.37%

Cardano (ADA) $ 1.03 6.44%

TRON (TRX) $ 0.272038 6.34%

Avalanche (AVAX) $ 46.17 7.89%

Chainlink (LINK) $ 27.07 3.94%

Wrapped stETH (WSTETH) $ 4,573.13 4.05%

Shiba Inu (SHIB) $ 0.000026 5.61%

the-open-network

Toncoin (TON) $ 5.70 5.72%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 104,045.88 3.37%

Sui (SUI) $ 4.59 5.12%

Stellar (XLM) $ 0.430203 3.88%

Polkadot (DOT) $ 8.22 6.50%

hedera-hashgraph

Hedera (HBAR) $ 0.295458 3.05%

WETH (WETH) $ 3,846.26 4.14%

Bitcoin Cash (BCH) $ 517.78 4.51%

Uniswap (UNI) $ 15.67 3.11%

Pepe (PEPE) $ 0.000021 8.42%

LEO Token (LEO) $ 9.65 0.25%

Litecoin (LTC) $ 116.28 2.10%

Hyperliquid (HYPE) $ 24.73 11.63%

NEAR Protocol (NEAR) $ 6.21 9.77%

Wrapped eETH (WEETH) $ 4,056.51 4.24%

Aptos (APT) $ 12.73 6.74%

Bitget Token (BGB) $ 4.37 12.57%

Ethena USDe (USDE) $ 1.00 0.31%

internet-computer

Internet Computer (ICP) $ 11.88 5.39%

Aave (AAVE) $ 366.85 1.11%

USDS (USDS) $ 0.998389 0.19%

crypto-com-chain

Cronos (CRO) $ 0.188896 5.18%

Ethereum Classic (ETC) $ 31.46 6.20%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.550187 6.65%

VeChain (VET) $ 0.054198 7.66%

Render (RENDER) $ 8.31 6.72%

Artificial Superintelligence Alliance (FET) $ 1.58 5.40%

Monero (XMR) $ 218.84 0.26%

Mantle (MNT) $ 1.17 5.03%

Arbitrum (ARB) $ 0.930559 6.10%

Bittensor (TAO) $ 522.36 2.87%

MANTRA (OM) $ 4.04 4.01%

Filecoin (FIL) $ 6.06 7.09%

WhiteBIT Coin (WBT) $ 24.95 1.67%

Fantom (FTM) $ 1.24 11.85%