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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

$1.0995
+0.66%
24h Volume

$331,252,395.86

24h H/L

$1.108 / $1.0855

Change: $0.0225 (2.07%)

Long/Short
76.3%
Long: 76.3%Short: 23.7%
Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.1009

0.29%

Volume (24h): -

Resistance Levels
Resistance 3$1.2151
Resistance 2$1.1646
Resistance 1$1.1189
Price$1.1009
Support 1$1.098
Support 2$1.0774
Support 3$1.0535
Pivot (PP):$1.0971
Trend:Downtrend
RSI (14):47.6
CS
CoinDesk Staff
(06:53 PM UTC)
1 min read
JM
Updated byJames Mitchell
1308 views
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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