The bullion coin types include 'S' (San Francisco, 19861992), 'P' (Philadelphia, 1993 2000), and 'W' (West Point, New York, 2001present). For example, TRC-20 (TRON blockchain) Tether tokens have a block time of just two minutes, whereas ERC-20 (Ethereum blockchain) Tether tokens have a block time of 14 minutes. The Utah State Treasurer assigns a numerical precious metal value to these coins each week based on the spot metal prices. However, Tether and USD Coin offer two drastically different block times depending on the kind of token you're using. USD Coin and Tether both offer higher transaction speeds than traditional currencies. But because Tether and USD Coin are backed by fiat money and commodities, they're a little more reliable than stablecoins backed by cryptocurrency or stablecoins that use algorithms to maintain value. This can happen with all kinds of stablecoins. When a stablecoin loses or gains too much, it is no longer stable and therefore loses its peg. Tokenomics New General Social Security Developer Widgets Analysis USD Coin Price Chart (USDC) Last updated 11:12AM UTC. If these assets were to fluctuate by more than a fraction of one dollar, it is possible that USD Coin and Tether would lose their pegs.

Last Update: 07-04 02:02 AM EDT Quick Links See below for important Price Guide information. For example, on a typical day, Tether and USD Coin will fluctuate in value by a ten-thousandth of a dollar ($0.0001). PCGS Coin Price Guide: The Industry Standard for US Coin Values PCGS Price Guide You Collect. But unlike typical assets, these fluctuations are often very minimal.

Tether and USD Coin are cryptocurrencies, so their price does fluctuate.

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