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Tether Is Catching Up With BTC And ETH As A Form Of Payment

Ramsey Baker

Summary: Some analysts see Tether (USDT) catching up with both Bitcoin (BTC) and Ether (ETH) as a payment method, according to Bloomberg. CoinPayments, the cryptocurrency payments processor, has registered a rapid increase in the popularity of Tether, the USD backed stablecoin, as a form of payment. Tether accounts for 30% of the volume on the site, ...

Some analysts see Tether (USDT) catching up with both Bitcoin (BTC) and Ether (ETH) as a payment method, according to Bloomberg.

CoinPayments, the cryptocurrency payments processor, has registered a rapid increase in the popularity of Tether, the USD backed stablecoin, as a form of payment. Tether accounts for 30% of the volume on the site, which currently has 2.4 million users. This volume is 30 times more than what Tether did more than a year ago.

By Ramsey Baker

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