Other stablecoins have also emerged, supported by assets like gold or through algorithmic mechanisms to maintain their peg. Nevertheless, USDT leads due to its liquidity, first-mover advantage, and ubiquity on all platforms. Competition between stablecoins like USDT and USDC testifies to the ongoing evolution of the crypto universe, whereby stability, trust, and accessibility are constantly stretched to the limits.
What Is USDT Token And Why Does It Matter In The World Of Cryptocurrency?
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