Total Supply: $44,846,290,994â Maker the token is trading at about a 1.85 billion fully diluted market cap. This makes it more stable to constant market fluctuations. Ever since Bitcoin crashed to ,850 in mid-March, fiat-backed stablecoins have been printing like crazy, with their market cap growing at a fast speed. A stablecoin is a type of cryptocurrency that provides price stability and is backed by some reserve assets, (e.g., US dollar or gold). Whale Alert â Similar to the tether printer bot, whale alert tweets treasury block explorer links every time a large number of stablecoins are minted. During this time, the market cap of Paxos has surged 20% and USDTâs 40%. We would like to show you a description here but the site wonât allow us. This compact printer lets you edit and print images, to-do lists, notes, and more â and all at a discounted cost. Maker is earing 76.8 million USD per year in fees, which means at this moment Maker has a Fully Diluted Cap to Earnings ratio of about 24. The average daily deviation for each stablecoin was pretty similar, $0.02 to $0.03 from the $1.00 peg. In a paradoxical twist, bitcoinâs price, which is denominated in dollars, has become unusually stable in recent weeks, prompting some Twitter users to joke that itâs trading like a stablecoin. Twitter Bots. Thereâs so much upside in the cryptoverse. 150. This community is dedicated to denouncing all forms of scams and frauds perpetrated by Tether inc., Bitfinex, their parent company iFinex, and their directors. Members. Maker DAI Bot â Provides alerts when vaults are opened, closed, re-paid, and 24 hour summaries of the network with minted, burned, and current DAI supply metrics. The convenience ⦠While Circle and Coinbaseâs USDC market cap jumped 55%, Binanceâs stablecoin BUSD saw the biggest spike of [â¦] Most of this stablecoin growth comes from Tether (USDT), the popular USD-pegged coin accounts for about 90% of the total stablecoin supply.. As per Tetherâs transparency page, more than $9 billion worth of USDT is currently in supply, out of which $5.7 billion are on Ethereum blockchain, $2.1 on Tron ⦠r/FuckTether. The idea of the stablecoin created by Tether company was born long ago as in 2012! Maker Making 400K per Day. After being listed in exchanges in 2015, Tether has become one of the most popular and successful assets on the market being a quick and cheap way to transfer value from one exchange to another, without the need for using âunstableâ cryptocurrencies.. So, my prediction is that there will be $1 trillion in stablecoins by the end of 2021. I believe that as more people realize the benefits of DeFi â especially during this bull market â the amount of stablecoins in circulation is going to explode. A 'stablecoin' is a cryptocurrency that's price is pegged to a real-world asset like gold or the dollar. Bottom Line: You Can Make Money in Crypto. The idea of the stablecoin emerged in 2012 in the Mastercoin documentation. For a limited time, 44% savings drop the price tag for this printer ⦠Tether accounts for 90% of total stablecoin supply. You can have any degree of interest for cryptocurrencies in general, but remember, fuck Tether. âð¾ TETHER PRINTER ð¾ Just printed $1,200,000,000 USDT!
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