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Total Supply | 14.0B |
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The current price of Venus USDT (vUSDT) is $ 0.02463633.
Venus USDT (vUSDT) is a cryptocurrency that operates on a blockchain, similar to Bitcoin (BTC) but with some key differences. vUSDT is tied to the US Dollar Tether (USDT), hence the name. This offers stability against market fluctuation, as the price of USDT is designed to mirror the United States Dollar.
Venus USDT (vUSDT) was created by the team behind Venus, a decentralized marketplace for lenders and borrowers with borderless stablecoins. Their motivation was to create a stablecoin that could be used within their ecosystem to streamline transactions, reduce volatility, and offer lending and borrowing capabilities.
One of the biggest differences between Venus USDT and other cryptocurrencies is its tie to the US Dollar. This tethering to a real-world asset provides a measure of price stability not often seen in the crypto market.
As Venus USDT is a stablecoin, it does not follow the conventional mining process like cryptocurrencies such as Bitcoin. Instead, new Venus USDT is minted when users engage in transactions within the Venus platform.
The current circulating supply of Venus USDT is .
The price of Venus USDT has increased by +0.07% in the last 24 hours. Its current market cap is $ and it is ranked #1 in terms of overall market capitalization.
The best place to purchase Venus USDT (vUSDT) is at any of the exchanges it is currently listed on, which include .
Securing your Venus USDT involves keeping it in a safe and secure wallet. It's recommended to use a hardware wallet for the highest level of security. Nonetheless, you can also use software wallets that provide a good balance between convenience and security.
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