Tether (USDT) is currently the largest stablecoin in the cryptocurrency market, as reported by CoinMarketCap. However, there have been concerns raised about its safety in recent times. This has led to questions about whether Tether is a secure option for storing your cryptocurrency. In other news, Tradecurve, a hybrid platform, has successfully raised over $3 million in its presale, which has generated excitement among investors.
Tether: Safe Stablecoin? Tradecurve Soars to $4M.
Tether (USDT) is a stablecoin that holds the top position in the crypto market with a market capitalization of over $83 billion. The safety of a stablecoin depends on various factors such as the assets that back the stablecoin like gold, government treasury bills, etc. Moreover, the stablecoin issuer must have adequate funds available to fulfill all redemption requests.
Despite being involved in controversies in the past year, Tether has taken measures to enhance transparency within its operations. The platform now publishes regular audits of its USD reserves and has made efforts to strengthen its USD reserves. Tether: Safe Stablecoin? Tradecurve Soars to $4M.
BDO Italia, a financial services firm, conducted an attestation in Q1, which revealed that Tether had approximately $2.44 billion in excess reserves. Although the token has de-pegged from the USD more than three times in the past year, it has always rebounded.
Tradecurve (TCRV) Presale Run Skyrockets With $3M Raise In Presale
Tradecurve, a trading platform that is gaining significant attention, has raised $4 million during its presale. The team is aiming to raise a total of $20 million by Q3. Tradecurve has adopted a hybrid approach, combining elements of both CEXs and DEXs to establish a private trading environment. In today's era of data breaches, safety is particularly crucial, especially for traders who prioritize privacy.
Unfortunately, many traditional trading exchanges have yet to implement a Proof of Reserves (PoR) system, which has caused a decline in trust from traders. However, Tradecurve is aiming to fill this gap, enhance user trust, and promote the exchange's integrity by implementing PoR.
Tradecurve (TCRV) To Hit $0.025 In Stage 5
Tradecurve's TCRV token has gained significant attention in the cryptocurrency community due to its recent price surge of 150%, rising from $0.015 to $0.025 over the past month. Unlike its competitors, such as Huobi and Coinbase, Tradecurve places emphasis on decentralization, user anonymity, and privacy, setting it apart in the market.
In addition, Tradecurve provides traders with a seamless trading experience through quick withdrawals, deposits, and trade execution. Currently in stage five of its presale, the token is available for purchase at $0.025 per token. With the current bullish trend, analysts predict that the token could potentially reach $0.029 in stage six.
How High Can Tradecurve Go?
Tradecurve is expected to experience a significant surge of 40% in the near future. However, this price jump is insignificant compared to the long-term prediction for the platform. Industry experts anticipate that the launch of Tradecurve will attract a considerable number of traders, leading to a massive 50x surge in activity by 2023. This surge is expected to push the price of TCRV to as high as $1 per token.
For more information about the Tradecurve (TCRV) presale:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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