Details about Bridged Tether (Wormhole) cryptocurrency
€1,945
81,317
9.569
Unknown
https://wormholenetwork.com/
@wormholecrypto
14935500x
€14113800
Bridged Tether (Wormhole) price charts
USDTSO exchanges
Bridged Tether (Wormhole), the crypto
Tether USD (Wormhole) (USDTSO) is a type of cryptocurrency that is pegged to the value of the US dollar. This means that for every USDTSO token in circulation, there is an actual US dollar held in reserve to back it up.
The point
The main point of Tether USD (Wormhole) (USDTSO) is to provide a stablecoin option for cryptocurrency traders and investors. By pegging the value of USDTSO to the US dollar, it offers a low-volatility alternative to other more volatile cryptocurrencies like Bitcoin or Ethereum.
The problem
Tether USD (Wormhole) (USDTSO) tries to solve the problem of price volatility in the cryptocurrency market. By being pegged to the value of the US dollar, it aims to provide a more stable and predictable alternative to other cryptocurrencies that can experience significant price fluctuations.
Compare USDTSO and BTC performance
| Timeframe | USDTSO | BTC |
|---|---|---|
| 1h change | 0.821576 % | -1.02023 % |
| 24h change | 0.72 % | -0.759605 % |
| 7 day change | 5.27 % | -10.8043 % |
| 14 day change | 1.54 % | -4.58085 % |
| 30 day change | 4.25 % | -0.0226001 % |
| 200 day change | 0.08 % | 127.053 % |
| Year change | 3.45 % | 110.219 % |