Why Tether Probably Tops Bitcoin as Most Used Cryptocurrency

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Business
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University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What distinguishes Tether from traditional cryptocurrencies like Bitcoin?
Tether is more volatile than Bitcoin.
Tether is backed by USD, unlike Bitcoin.
Tether is a physical currency.
Tether is not used on exchanges.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of Tether in the crypto market?
To replace Bitcoin as the leading cryptocurrency.
To serve as a liquidity tool on exchanges.
To increase the volatility of the market.
To act as a digital gold.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Tether's trading volume reflect its usage?
It highlights Tether's volatility.
It shows Tether's popularity as an investment.
It indicates Tether's role in facilitating fund transfers.
It measures Tether's market capitalization.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might investors prefer Tether over Bitcoin during volatile periods?
Tether is less popular.
Tether is more stable and USD-backed.
Tether has a higher market cap.
Tether offers higher returns.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What advantage does Tether provide to dollar-denominated investors?
It allows them to dominate returns in USD.
It is a physical asset.
It offers a higher interest rate.
It is less regulated.
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