Tokenizing US dollars with USD Coin USD Coin versus Tether: Which is more likely to survive? The Markets Insider currency calculator offers a currency conversion from Tether to United States dollar within seconds. It has a circulating supply of 36,793,781,375 USDT coins and the max. Tether specifical l y belongs to the category of fiat collateralized stablecoins, that is — a fiat currency like the US dollar, the euro, or the yen, backs each cryptocoin in circulation. This article was written exclusively for Investing.com A pullback in the digital asset class; Gravity is a powerful force The US and Europe are not crypto-friendly; rather, they are foes Is Tether really backed by US dollars? The current CoinMarketCap ranking is #5, with a live market cap of $36,812,350,721 USD. Unlike traditional cryptocurrencies based on supply and demand on a decentralized network, stablecoins such as Tether USDT are backed by fiat currency, including the EUR, USD… Where available, Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase. New information revealed by in the only tether audit we’re aware of showed that they only have around 70% -> 75% of the USD to cover the USDT coins they’ve issued. Tokenizing US dollars with USD Coin USD Coin versus Tether: Which is more likely to survive? Tether may regard one USDT as the same as one U.S. dollar, but without either the reserves or the central bank backing to guarantee this, its words are empty. A pullback in the digital asset class; Gravity is a powerful force The US and Europe are not crypto-friendly; rather, they are foes Is Tether really backed by US dollars? For me, USD Coin (USDC) is the only valid option, putting more than 100K euro into this coin I need to be sure they are not going a way. Over our 365-day window, the total volume of Bitcoin traded vs. Tether was more than 7 times greater than the volume traded vs. fiat USD. Tether (USDT) vs USD Coin (USDC) 2020 Comparison - Blockfer.com Compare Tether vs USD Coin and find out which stablecoin is your best option. If … It was launched on September 26, 2018, in collaboration between Circle and Coinbase.USDC is an alternative to other USD backed cryptocurrencies like Tether (USDT) or TrueUSD (TUSD).. About Tether. The live Tether price today is . Peer-to-peer payments company Circle markets its USD Coin as “the fastest growing, fully reserved digital dollar stablecoin.” The second most popular stablecoin behind Tether is issued by regulated financial institutions and lines up on a 1:1 basis for actual dollars. AXIA vs. USD Coin. If you ask Warren Buffett or his partner Charlie Munger what Tokenizing US dollars with USD Coin USD Coin versus Tether: Which is more likely to survive? USD Coin (USDC) is a stablecoin fully backed by the US dollar. $1.00 USD with a 24-hour trading volume of $96,426,401,763 USD.. Tether is up 0.01% in the last 24 hours. What is USD Coin? This article was written exclusively for Investing.com A pullback in the digital asset class; Gravity is a powerful force The US and Europe are not crypto-friendly; rather, they are foes Is Tether really backed by US dollars? The Fed isn’t going to step in … USD Coin (USDC) is a relatively fresh stablecoin pegged to the US dollar.