Tether’s USDT Stablecoin Enters Polkadot Ecosystem With Kusama Launch
Kusama becomes the tenth blockchain to support USDT, which already has more than $80 billion in circulation.
Kusama price
(KSM / USD)
Market stats
$432.5M
$31.7M
-4.58%
8.5M KSM
13 days
#46
$623.75
-0.02%
-4.97%
-7.41%
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About Kusama
KSM is a cryptocurrency that powers Kusama, a protocol that enables cross-blockchain transfers of any type of data or asset. By uniting multiple blockchains, Kusama aims to achieve high degrees of security and scalability. KSM serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains. Kusama acts as a "canary" or experimental network for Polkadot (a separate protocol that shares the same codebase) in which developers can more quickly test new programs that can be deployed on both.
Resources
Kusama is on the decline this week.
The price of Kusama has fallen by 7.41% in the past 7 days. The price declined by 4.97% in the last 24 hours. In just the past hour, the price shrunk by 0.02%. The current price is $51.08 per KSM. Kusama is 91.81% below the all time high of $623.75.
The current circulating supply is 8,470,098.057 KSM.
Kusama on social media.
Kusama was mentioned in 1,011 out of 1,597,510 social media posts on Twitter and Reddit on Jun 27, 2022. 691 unique individuals are talking about Kusama and it is ranked #97 in most mentions and activity from collected posts.
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Comparable market cap
Of all the assets on Coinbase, these 8 are the closest to Kusama in market cap.
