Tether Trend

Tether Trend

The desirable trend of Tether is that there is no trend, as the currency remains stable around the price of 1 USD, because this is its function, which guarantees stability and interchangeability with the dollar. For the moment, the Tether project is very simple, which is also a great challenge. Those responsible for the company ensures that they have a dollar amount in their checking account to guarantee the current equivalent of Tether.
Tether, however, has so far played an important role, allowing the price of some Cryptocurrencies to be quoted in Tether, thus solving the problem of many exchanges that do not want or cannot offer dollar quotes.
However, Tether has managed to maintain parity with the dollar, in the near future will have to face the competition of other currencies that carry out a similar project and may also do so with the implementation of a policy of greater transparency and openness to the market.

 

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The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.

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