Tether (USDT) Launches 1USDTM Store in Partnership with Uquid

Tether Operations Limited 已宣布将与 Web3 电子商务平台 Uquid 合作推出 1 USDTM 商店。

TetherOperationsLimited,hasannouncedanewpartnershipwithUquid,aWeb3E-commerceplatform,tolaunchthe1USDTMstore.ThiscollaborationaimstoshowcasetheutilityofUSDTineverydaytransactionsanddigitalcommerce,enhancingbothcryptomicropaymentsandtheoverallcryptopurchasingexperience.Viathispartnership,adiverserangeofproductswillbeexclusivelyavailableforpurchaseusingUSDT,enablingcustomerstoshopconvenientlyandquickly.Cateringtodifferentmarkets,thestoreoffersawidevarietyofproducts,allpricedbelow$1USD5,includingdigitalgoodssuchasgiftcardsandmobiletop-ups,aswellasphysicalproducts.Atthetimeoftheannouncement,thetokenwasseentradingat$0.9997,up0.01%incomparisontothesametimelastday.

TetherSeesUpbeatInvestorConfidence

Overthepastfewweeks,Tetherhasseenupbeatinvestorconfidence.Boasting110billionUSDTincirculation,Tetherhasamarketcapitalizationof$113,115,298,403.ThereasonwhythecoinhasbeensopopularamonginvestorsisbecauseTethercombinesthestrengthofblockchaintechnologywiththestabilityandsecuritythatfiatcurrenciesarerecognizedfor.Thisoffersadecentralized,user-friendlypaymentmethodthatisusefulforenablingcross-bordertransferstohappenvirtuallyinstantaneously.Incomparisontotheexistingbankingandfinanceindustry,USDTtransactionsoffernear-instantaneoussettlementtimes,cheapertransactioncosts,andbettertransparencyduetotheabsenceofintermediarieslikebanksandfinancialinstitutions.

Witha1-to-1pegtofiatcurrencies—forexample,1USDT=1USD—TethertokenpricesaretightlycorrelatedwiththoseoftheUSdollar.TogetthesamenumberofTethertokensintotheircryptocurrencywallets,userscandepositfiatmoneyintoTether'sbankaccount.Then,muchlikewithothercryptocurrencies,userscantrade,hold,andtransactwiththeseUSDTtokenswithouthavingtoworryaboutabruptreductionsintheTetherpricethatcouldcausethemtolosealloftheirmoney.TetherdeductsthesamenumberoftokensfromcirculationeachtimeausersellstheirUSDTforfiatmoney.Bytakingthisaction,Tether'spriceisguaranteedtostayfixedagainsttheUSdollar.

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