The Block • Apr 25, 24
USDT’s exchange balance hits highest level in a year and keeps rising
The 7-day moving average of the change in Tether's USDT held by exchanges reached $568 million — its highest level in a year.
Read more
1 Index Cooperative equals 4.25 Tether
Last update: 6:34 AM, April 27, 2024
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The current INDEX to USDT conversion rate is 4.25. Inversely, this means that if you convert 1 USDT you will get 0.24 INDEX.
The conversion rate of INDEX/USDT has decreased by 0.23% in the last hour and shrunk by 1.36% in the last 24 hours.
About Index Cooperative (INDEX)
INDEX is an Ethereum token that governs Index Cooperative, a protocol for creating custom crypto indexes and structured products. INDEX can be used to vote on the future of the protocol and can be earned by providing liquidity to Index Cooperative products. Note: Coinbase only supports INDEX on the Ethereum blockchain (ERC-20).
About Tether (USDT)
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
Amount (INDEX) | Amount (USDT) |
---|---|
0.5 INDEX | 2.13 USDT |
1 INDEX | 4.25 USDT |
5 INDEX | 21.26 USDT |
10 INDEX | 42.53 USDT |
50 INDEX | 212.63 USDT |
100 INDEX | 425.25 USDT |
500 INDEX | 2,126.27 USDT |
1,000 INDEX | 4,252.53 USDT |
Amount (USDT) | Amount (INDEX) |
---|---|
0.5 USDT | 0.12 INDEX |
1 USDT | 0.24 INDEX |
5 USDT | 1.18 INDEX |
10 USDT | 2.35 INDEX |
50 USDT | 11.76 INDEX |
100 USDT | 23.52 INDEX |
500 USDT | 117.58 INDEX |
1,000 USDT | 235.15 INDEX |
Last update: April 27, 2024 at 6:34 AM |
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
---|---|---|---|---|---|---|---|
4.32 USDT | -1.60% | 3.98 USDT | +6.44% | 5.99 USDT | -40.85% | 1.55 USDT | +63.56% |
Last update: April 27, 2024 at 6:34 AM |
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The Block • Apr 25, 24
USDT’s exchange balance hits highest level in a year and keeps rising
The 7-day moving average of the change in Tether's USDT held by exchanges reached $568 million — its highest level in a year.
Read more
Decrypt • Apr 25, 24
Franklin Templeton Enables Peer-to-Peer Trades of Blockchain Fund
Participants in the OnChain U.S. Government Money Fund can now swap shares directly.
Read more
The Defiant • Apr 25, 24
Franklin Templeton Enables P2P Transfers for BENJI Fund
The asset management firm’s $380 million OnChain U.S. Government Money Fund commands nearly a third of the tokenized Treasuries sector.
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