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Report on Tether identifies over 70% of ‘all funds ever issued’
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Top stablecoin Tether has emerged to become the cryptocurrency industry’s primary crutch over the past seven years, according to a new report. The report noted that Tether acts as a tool for “oiling crypto markets to keep them smooth.” USDT acts as a bridge between fiat currencies and cryptocurrencies that operate on open blockchain networks.
The report by crypto outlet Protos aimed to take an in-depth look into the most common stablecoin, mostly to analyze which liquidity providers are buying
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