Forex
Tether's Value Drops 50% Against Canadian Dollar in Recent Hours
Tether's value against the Canadian Dollar has seen a significant drop in recent hours. The current exchange rate on Bybit is 1 USDT = $0.7168062329292297 CAD, with Tether decreasing by 50% over the last 24 hours.
The circulating supply of Tether is approximately 183B USDT, and its market capitalization stands at $255.50B CAD. The 24-hour trading volume for Tether is around $28.70B CAD.
Users can convert their Canadian Dollars to Tether on Bybit with zero conversion fees, thanks to the exchange's proof of reserves, which are verified monthly using on-chain Merkle proof.