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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

$1.5494
+0.49%
24h Volume

$3,053,081,769.57

24h H/L

$1.63 / $1.5418

Change: $0.0882 (5.72%)

Long/Short
72.7%
Long: 72.7%Short: 27.3%
Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.5542

▼ -0.91%

Volume (24h): -

Resistance Levels
Resistance 3$1.894
Resistance 2$1.6999
Resistance 1$1.5701
Price$1.5542
Support 1$1.5151
Support 2$1.394
Support 3$1.278
Pivot (PP):$1.5725
Trend:Uptrend
RSI (14):62.5
CS
CoinDesk Staff
(06:53 PM UTC)
1 min read
JM
Updated byJames Mitchell

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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