Mantle Bridged USDT (Mantle) Information

Mantle Bridged USDT is a unique asset within the cryptocurrency space that facilitates seamless value transfer across different blockchain networks. By leveraging cross-chain technology, it enhances liquidity and ensures greater flexibility for users looking to manage their digital assets efficiently. Its integration into multiple ecosystems highlights its role in promoting interoperability and expanding the utility of stablecoins within decentralized finance (DeFi) environments.

Mantle Bridged USDT (Mantle)

$1.00

Title : Mantle Bridged USDT (Mantle)
Symbol : usdt
Current Price $ : 1.002 $
High 24h : 1.015 $
Low 24h : 0.972807 $
Price Change 24h : 0.00565864 $
Price Change % 24h : 0.56792 %
Market Cap : 257844109
Website : https://bridge.mantle.xyz/
Total Volume : 8758077
Market Cap Change 24h : 1898423
Market Cap Change % 24h : 0.74173 %
Circulating Supply : 257372083.36758
Total Supply : 257372083.36758
Last Updated : 2025-01-21 23:51
All Time High (ATH) : 1.26
ATH Change % : -20.69889 %
ATH Date : 2024-03-27 05:23
All Time Low (ATL) : 0.869914
ATL Change % : 15.31463 %
ATL Date : 2024-03-15 09:13

more information

Introduction to Mantle Bridged USDT (Mantle)

The Mantle Bridged USDT (Mantle) is a token that has managed to carve a niche for itself in the world of cryptocurrencies, bridging assets across platforms with the aim of enhancing liquidity and facilitating smoother transactions. With a native symbol of USDT, it stands as a variant of Tether USDT that is specifically tuned for interoperability within the Mantle blockchain ecosystem. As of the latest data, the Coin trades at approximately $1.001, maintaining its peg to the US dollar.

A Glance at Historical Performance

Mantle Bridged USDT reached its all-time high of $1.26 in March 2024, a significant metric that underscores a period of heightened utility and demand. Conversely, its all-time low of $0.869914 was experienced in the same month, just a few days prior to hitting its peak. This volatility reflects broader market trends and underscores the speculative nature inherent in cryptocurrencies.

Technical Analysis and Market Dynamics

The Mantle Bridged USDT, like other stablecoins, generally exhibits low volatility in its price changes. However, its recent price change of 0.08391% within a 24-hour frame demonstrates minor fluctuations that are typical yet important for traders focused on short-term positions. With a market cap of over $231 million and a similar circulating and total supply, it holds a significant position within its operational ecosystem.

Advantages of Mantle Bridged USDT

The key advantages of using Mantle Bridged USDT revolve around its bridging capability that allows users to leverage cross-chain liquidity. This feature is crucial in today’s multi-chain world, where users often transfer assets across various protocols seeking better yields or lower transaction costs. Additionally, its pegging to the US dollar offers a measure of stability in the highly volatile crypto space.

Potential Drawbacks

Despite these advantages, challenges persist. The reliance on third-party systems for maintaining the pegging mechanism can introduce risks. Moreover, the broader regulatory landscape concerning stablecoins remains uncertain, and any adverse regulatory developments could impact Mantle USDT's operational viability.

Future Prospects

Looking ahead, the future of Mantle Bridged USDT is closely tied to the broader acceptance of blockchain bridging technologies and stablecoins. As decentralized finance (DeFi) continues to expand, the demand for reliable and liquid bridging solutions like Mantle should grow, potentially driving further adoption. However, ongoing innovation and adaptation are critical to maintaining competitiveness and compliance within rapidly evolving crypto regulations.

General Information
from price $1
Title Mantle Bridged USDT (Mantle)
Symbol usdt
Whitepaper -
Website https://bridge.mantle.xyz/
Community -
Last Updated 2025-01-21 23:51

Price Data
Current Price $ 1.002 $
High 24h 1.015 $
Low 24h 0.972807 $
Price Change 24h 0.00565864 $
Price Change % 24h 0.56792 %

Market Data
Market Cap 257844109
Total Volume 8758077
Market Cap Change 24h 1898423
Market Cap Change % 24h 0.74173 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 257372083.36758
Total Supply 257372083.36758
Max Supply -

Historical Data
All Time High (ATH) 1.26
ATH Change % -20.69889 %
ATH Date 2024-03-27 05:23
All Time Low (ATL) 0.869914
ATL Change % 15.31463 %
ATL Date 2024-03-15 09:13