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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

$1.1277

-0.42%

$1.1277

-0.42%

(24s)

24h Volume

$915,013,305.89

24h H/L

$1.1639 / $1.1216

Change: $0.0423 (3.77%)

Long/Short

75.0%

Long: 75.0%Short: 25.0%

Funding Rate

-0.0050%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.1316

▲ 0.60%

Volume (24h): -

Resistance Levels

Resistance 3$1.2628

Resistance 2$1.2071

Resistance 1$1.1538

Price$1.1316

Support 1$1.1175

Support 2$1.0776

Support 3$0.8986

Pivot (PP):$1.1401

Trend:Downtrend

RSI (14):40.0

CoinDesk Staff

(06:53 PM UTC)

1 min read

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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Source

CoinDesk Staff · CoinDesk

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