Unagii Tether USD UUSDT

1. Summary

Ranks

Liquidity

-

Developer

-

Social

38

Momentum (beta)

0

Stack Rank™

-

Price

$1.05 -0.1%

Market Cap

$0.00 (#10716)

Supply

0.00 / 2,710.00

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$1.06
52W High date	5th Mar 2024 (11 months ago)
All Time High (ATH) Date	26th Jul 2021 (3 years ago)
ATH Price	$1.19
% From ATH	-11.61%
All Time Low (ATL) Date	19th May 2021 (3 years ago)
ATL Price	$0.95
% From ATL	10.34%

Supply & Trading Volume
Total Supply	2,710.00

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Description

Unagii Tether USD (UUSDT)

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Unagii Tether USD (UUSDT)

What Is Unagii Tether USD (UUSDT)?

Unagii Tether USD, denoted by the symbol UUSDT, is a stablecoin cryptocurrency designed to maintain a stable value relative to the U.S. dollar. Each UUSDT token is pegged to the U.S. dollar at a 1:1 ratio. UUSDT is a badge of value storeativity, offering a hedge against the volatility of other cryptocurrencies while being easily transferable on supported blockchain networks.

Background

UUSDT was created by Tether Limited to bridge the gap between traditional fiat currencies and blockchain assets. This stablecoin is backed by reserves of fiat currencies and other assets, ensuring its stability.

Key Features

• Stable Value: UUSDT is designed to maintain a stable valuation in line with the U.S. dollar.
• Blockchain Support: UUSDT can be issued and used on various blockchain systems, including Bitcoin, Ethereum, EOS, Tron, Algorand, and OMG Network.
• Security: UUSDT uses Proof of Reserves, guaranteeing that the reserves held by Tether Ltd. are equal to or higher than the number of tokens in circulation.
• Transparency: Tether Limited regularly publishes assurance reports and reserve details to maintain transparency and trust in the system.

Purpose and Benefits

UUSDT provides a stable store of value, allowing users to navigate the volatility of other cryptocurrencies without constantly converting to and from fiats. It is essential for traders who need a reliable intermediate currency for transactions and exchanges. The project aims to offer low fees, stability, and efficiency in leveraging the benefits of both fiat and blockchain worlds.

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