Tether (USDT)

Tether maintains its dollar peg at $0.999, with a negligible 0.01% 24-hour decline and a 7-day erosion of just -0.045%, the smallest weekly change among all top 10 cryptocurrencies. This stability outperforms even Bitcoin’s 1.4% weekly drop, reinforcing Tether’s role as the dominant stablecoin for traders seeking shelter from volatility. With a market cap of $115 billion, Tether handles 60% of all crypto spot trading volume, a data point that underscores its liquidity advantage over competitors like USDC. The 0.01% daily drift is well within typical stablecoin bounds and reflects consistent market demand.