Tether Surges 100% in 24 Hours, Reaches New All-Time High Against CHF
Tether (USDT), a cryptocurrency pegged to the US dollar, has seen significant gains in the past 24 hours. According to Bybit's exchange rates, one USDT is currently worth approximately CHF0.8079843253925828. The market capitalization of Tether stands at CHF147.97B, with a 24-hour trading volume of CHF17.15B.
Over the last day, Tether has increased by a remarkable 100.00%. This surge in value is reflected in its exchange rate against the Swiss Franc (CHF), which has seen a corresponding rise. The circulating supply of USDT remains at 183B.
Bybit users can convert USDT to CHF with zero conversion fees, and the exchange rate is updated in real-time based on market data. This makes it an attractive option for traders looking to capitalize on Tether's recent gains.