Pin it! Tether (USDT) is the most well-known stablecoin in the cryptocurrency world, designed to maintain a 1:1 peg to the US Dollar. The idea behind stablecoins like USDT is to offer stability in the volatile cryptocurrency market. However, while the price of USDT is relatively stable compared to other cryptocurrencies, its value can fluctuate slightly, often between $0.99 and $1.01. Understanding the factors that contribute to these minor variations in price is crucial for traders and crypto enthusiasts.
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