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Why is there less USDT in the legal currency (USDT exchanges a large amount of legal currency)

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<img src='https://img.doulai.com/pic/enpic.php?k=Why is there a shortage of usdt in the legal currency? Imgalt=usdt Why is there a shortage of images in the legal currency?

Why is there a shortage of usdt in the legal currency?

Why is there a shortage of usdt in the legal currency

The usdt is the Stablecoin with the highest market value in the world and the third largest Stablecoin in the United States. It has maintained very high prices for most of 2017 and 2018. So we often see a downward trend in USDT prices. When the trading volume of USDT exceeds the US dollar, a large amount of selling behavior will occur; When the trading volume of usdt is lower than that of other Fiat money, a large number of selling behaviors will also occur (such as USDT, BTC) The reason why USDT can be quickly accepted by users is mainly because its liquidity is too strong to make it easier for investors to access these assets and other related services. So this situation is even more evident in the Bitcoin market: as more and more people start using mainstream digital currencies such as Bitcoin, the price of Bitcoin is also constantly rising, and a new growth point – USDT has emerged. This is a new type of “risk-free” investment product. If there is enough money to participate in Bitcoin investment projects, the yield may be faster than most people imagine

USDT has exchanged a large amount of fiat currency

According to Bitcoin, USDT has already exchanged a large amount of fiat currency. The current price is approximately $0.009, with a transaction fee of only 0.000005%, which has been processed on Bittrex. According to CoinMarketCap data, as of the time of publication, the market value of Bitcoin had reached $5.47 billion, accounting for nearly 10% of the global market, while Ethereum had a market value of more than $4 billion

Note: usdt is a digital currency anchored 1:1 between the Stablecoin USDT and the fiat currency, which is realized by issuing and exchanging BTC, ETH and other major crypto assets as the pricing unit.

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