Newsletter

“Theether” stablecoin price reversal based on the “dollar” during the “baht devaluation”

in the middle of the marketCurrencydecreased due to macro factorsthe world economyof the numbersinflationthat continued to increase causing the US Federal Reserve (FED) to issueraise interest ratesPolicy and implementation of QT measures to reduce the liquidity of the dollar in the market.

including affecting the baht in Thailand The weakest continuously and the weakest in 16 years, hitting 38 baht per 1 dollar.

for the marketcryptOne digital currency called “stable coin“Dollars are quoted, where 1 coin = 1 dollar, eg coin Lead (USDC), where the Tether coin is the 3rd largest market capitalization of the Cryptocurrency market by Coin Index cap, and itFixed CoinHolds the value all the time, No. 1 position

by in the marketdigital assetsThailand also has a trading price.baht currency” Make the Tether coin price move according to the market exchange rate.

if backTether Coin Pricesince January 2022 Thai investors who bought the price range of 33.49 baht according to the price on the digital asset exchange center During the period of “baht appreciation” and still until now the “baht depreciation” will benefit or not? Profits increased by 13.73%

including information from The SEC reported that the coin “there” has accumulated the No. 1 trading value in Thailand more than “bitcoin” accounted for 16.34% at 1.47 billion baht