#3
Tether (USDT)
Tether (USDT) maintains its peg at $0.9999, drifting just 0.01% below parity as exchanges intensify demands for proof of reserves, yet it commands the third-largest market cap at $83.2 billion — proof that stability trumps yield in this risk-averse climate. Its daily trading volume of $42 billion exceeds that of Bitcoin, underscoring its role as the primary liquidity bridge in crypto markets.
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