Tether Piercing Forward With British Pound-Pegged Stablecoin (GBPT)

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Stablecoin is the main baller right now the bear market taking its toil on volatile assets, the level of assurance and certainty that stablecoins bring to the table is on a whole scale on its own. Since the inception of stablecoin, having a volatile asset is favorable but stablecoin keeps the mind at rest regardless of whatever goes on in the market as it remains unaffected.

Tether USDT which is the largest stablecoin with a $67 billion marketcap, the company seem to be well assured it knows the business of keeping it pegged with $1 as it has gained the trust of individuals in a market of uncertainty.

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Tether just recently got pegged it the Mexican Pesos to expand its market reach and making sure that stablecoin is well known. Being pegged to Mexican Pesos MXNT was Tether's forth stablecoin after the largest, USDT, the Euro EURT, the Chinese Yuan-pegged CNHT, and now the fifth stablecoin with British pound pegged stablecoin GBPT which is to launch next month July.

This move into the British market is aa a result of an announcement made by the United Kingdom Digital Minister, "We do intend the United Kingdom and London to be crypto centers."
Tether seems to be ready to take advantage of the new emerging markets to hold its ground.
I'm impressed by tether to keep expanding and making stablecoin known to as many as possible. We need a level of understanding to gain more ground so that people can understand how and where to put their money.

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