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via CoinDesk · By CoinDesk Staff

Tether's U.S.-focused stablecoin grows 500% in a month, but still lags Circle, Ripple, Paypal

XRP

XRP/USDT

$1.0003

-0.14%

$1.0003

-0.14%

(24s)

24h Volume

$238,883,295.69

24h H/L

$1.0068 / $0.9972

Change: $0.009600 (0.96%)

Long/Short

78.5%

Long: 78.5%Short: 21.5%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.0003

▼ -0.25%

Volume (24h): -

Resistance Levels

Resistance 3$1.0365

Resistance 2$1.0175

Resistance 1$1.003

Price$1.0003

Support 1$0.9869

Support 2$0.8330

Support 3$0.7530

Pivot (PP):$1.003

Trend:Downtrend

RSI (14):35.5

CoinDesk Staff

(06:53 PM UTC)

1 min read

Updated byJames Mitchell

0 comments

USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.

Stablecoin giant Tether's U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals.

According to the latest reserve report signed by Deloitte and published Thursday, the token's…

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Source

CoinDesk Staff · CoinDesk

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