Tether holds at $0.9997, drifting 0.01% lower over 24 hours—stablecoin predictability at its most boring. Its $0.99 handle is a reminder that even the largest dollar proxy can’t escape a tiny tracking error. At this price, Tether is 0.03% cheaper than the average stablecoin on CoinGecko, which trades at $1.0000, and its daily trading volume of $42 billion exceeds the combined volume of the next three stablecoins.
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