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Tether can remain near that to the euro, the offshore continues to hold its 1-to-1 ratio of the currency or price valuation using different working.
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Raoul Pal: Cryptocurrencies Saving Economies from Monetary Meltdown? w/ Anthony ScaramucciCryptocurrencies pegged to the dollar or gold can offer protection from massive price fluctuations. A USD tether (USDT) maintains the same value as $1, indicating a 1-to-1 peg. Simply put, one USDT token is always valued at $1. A stablecoin is a type of cryptocurrency where the value of the digital asset is supposed to be pegged to a reference asset, which is either fiat money.