Bridged Tether (Axelar) AXLUSDT

1. Summary

Ranks

Liquidity

-

Developer

-

Social

72

Momentum (beta)

0

Stack Rank™

-

Price

$1.00 +0.0%

Market Cap

$0.00 (#8549)

Supply

0.00 /

Tags

Polygon Ecosystem Fantom Ecosystem Arbitrum Ecosystem Optimism Ecosystem Bridged USDT

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Price
52W High price	$2.40
52W High date	2nd Nov 2023 (1 year ago)
All Time High (ATH) Date	30th Oct 2023 (1 year ago)
ATH Price	$15.33
% From ATH	-93.47%
All Time Low (ATL) Date	19th Nov 2023 (1 year ago)
ATL Price	$0.93
% From ATL	7.18%

Supply & Trading Volume
Trading Volume (24h)	$4,131.00

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Description

The axlUSDT project provides a cross-chain stablecoin with a value equal to the USDT (a dollar stablecoin) stored on ethereum. It is secured by a delegated Proof-of-Stake validator set and can be obtained via DEXs, Squid, or Satellite. AxlUSDT's uniqueness lies in its ability to move across different blockchain ecosystems, offering the benefits of...

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The axlUSDT project provides a cross-chain stablecoin with a value equal to the USDT (a dollar stablecoin) stored on ethereum. It is secured by a delegated Proof-of-Stake validator set and can be obtained via DEXs, Squid, or Satellite. AxlUSDT's uniqueness lies in its ability to move across different blockchain ecosystems, offering the benefits of USDT to users on various platforms. For each unit of axlUSDT, a corresponding unit of USDT is secured on an Ethereum Gateway; once minted, the axlUSDT can move between chains without needing to return via Ethereum. The token addresses and Gateway addresses are detailed in the Axelar documentation. The project's future developments and axlUSDT's potential uses were not provided in the text.

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