Reports suggest that Tether the stablecoin is increasing in its popularity. Bloomberg cited cryptocurrency payment processor CoinPayments in the latest findings. Stablecoin Tether (USDT) is largely increased in terms of its popularity, according to latest reports by Bloomberg, citing cryptocurrency payment processor CoinPayments. CoinPayments on their site has a 2.4 million user base, Tether currently accounts for 30% of volume, which is 30 times more than a year ago. Bitcoin application as a means of payment has seen a nearly 60% drop in volume from 80% last year, according to CoinPayments, while Tether has jumped ahead of Ether now in second place. Head of operations are CoinPayments Sean Mackay said: Merchants used to accept Bitcoin, Ethereum, Ripple and convert it into Tether in order to hedge against the volatility. Now we are seeing the payments just being done directly in Tether. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitfinex denies money laundering and claims to be a victim of fraud FX Street 3 years Reports suggest that Tether the stablecoin is increasing in its popularity. Bloomberg cited cryptocurrency payment processor CoinPayments in the latest findings. Stablecoin Tether (USDT) is largely increased in terms of its popularity, according to latest reports by Bloomberg, citing cryptocurrency payment processor CoinPayments. CoinPayments on their site has a 2.4 million user base, Tether currently accounts for 30% of volume, which is 30 times more than a year ago. Bitcoin application as a means of payment has seen a nearly 60% drop in volume from 80% last year, according to CoinPayments, while Tether has jumped ahead of Ether… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
