Tether is a pioneer in the digital use of traditional currencies and provides participants in the cryptocurrency market with the opportunity to use a stable digital asset ("stablecoin"), the rate of which is tied to the US dollar and does not experience such strong fluctuations as the rates of other cryptocurrencies.

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Celsius Feels Impact of Market Volatility, Tether Reserves Hold Strong  https://tether.to/en/celsius-feels-impact-of-market-volatility-tether-reserves-hold-strong/

Celsius Feels Impact of Market Volatility, Tether Reserves Hold Strong.