Why Tether (USDT) is the most valuable digital currency — Market Mad House
The Tether (USDT) stablecoin could be the most successful cryptocurrency because it is a mechanism for moving US dollars.
To explain, CoinMarketCap estimates Tether a 24-Hour Market Volume of $28.654 million on 24 December 2019. Meanwhile, CoinMarketCap gave Bitcoin (BTC) a 24-Hour Market Volume of $23.591 million on the same day.
That means people traded $28.654 million worth of Tether and $23.591 million worth of Bitcoin on 24 December 2019. Yet, CointMarketCap named Bitcoin…