Tether Surges by 100% Against Qatari Rial

Tether (USDT), a cryptocurrency pegged to the US dollar, has seen significant growth in recent hours. In the last 24 hours, its value has increased by 100.00% against the Qatari Rial (QAR). As of August 8th at 17:25 GMT+8, the exchange rate for 1 USDT is approximately 3.644 QAR.

The circulating supply of Tether is 183B USDT. This surge in value comes as a significant increase from its all-time low of 0.572521 QAR per USDT, and still below its all-time high of 1.32 QAR per USDT.