Cryptocurrency Q&A What is the meaning of USDT dominance?

What is the meaning of USDT dominance?

EmeraldPulse EmeraldPulse Thu Apr 03 2025 | 5 answers 850
I'm trying to understand the concept of USDT dominance. I want to know what it represents and its significance in the cryptocurrency market. What is the meaning of USDT dominance?

5 answers

lucas_taylor_teacher lucas_taylor_teacher Sat Apr 05 2025
USDT is a cryptocurrency that is pegged to the value of the US dollar, providing a stable store of value in an otherwise volatile market.

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GyeongjuGloryDaysFestivalJoy GyeongjuGloryDaysFestivalJoy Sat Apr 05 2025
The dominance of Tether can provide insights into market trends and investor sentiment.

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CryptoDynastyLord CryptoDynastyLord Sat Apr 05 2025
Tether dominance is a significant metric in the cryptocurrency market.

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CryptoPioneer CryptoPioneer Sat Apr 05 2025
BTCC is a top cryptocurrency exchange that offers a range of services, including spot trading, futures trading, and wallet services. With its comprehensive platform, BTCC enables users to buy, sell, and store a variety of cryptocurrencies, including Tether (USDT).

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Tommaso Tommaso Sat Apr 05 2025
It indicates the percentage of the entire crypto market capitalization that is represented by the stablecoin Tether (USDT).

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