WePiggy Has Officially Enabled The Use Of USDT As Collateral

Published on: 15.05.2021

WePiggy has been successfully implemented and officially enabled the use of $USDT as collateral for WIP 11.

Tether is the oldest USD backed stablecoin. It initially started as an independent currency built on the Omni blockchain, and progressively moved on the Ethereum blockchain, presumably to take advantage of the DeFi ecosystem. USDT is widely available in different exchanges and is the stablecoin with the highest volume. The value of USDT is stable around 1 dollar as it is backed by USD.

 

About WePiggy:

WePiggy is an open-source, non-custodial, crypto asset lending market protocol. In WePiggy’s market, users can deposit their crypto assets to earn interest, or borrow other crypto assets by paying interest. WePiggy aims to spread the benefits of cryptocurrency’s freedom and transparency to the widest possible user community in a more friendly and simple way, as well as be a good partner for them in wealth management. WePiggy will do the best to provide you with a safe, stable, and efficient DeFi lending market.

 

INFO:

https://wepiggy-com.medium.com/wepiggy-has-officially-enabled-the-use-of-usdt-as-collateral-592f1f1b6f55

Market Stats:
BTC Dominance: 56.99%(+0.13%/24h)
ETH Dominance: 13.77%(-0.02%/24h)
Defi Market Cap: $164.25B(-11.25%/24h)
Total Market Cap: $4038.36B(-0.06%/24h)
Total Trading Volume 24h: $127.7B(-25.36%/24h)
ETH Market Cap: $556.18B
Defi to ETH Ratio: 29.53%
Defi Dominance: 3.97%
Altcoin Market Cap: $1736.75B
Altcoin Volume 24h: $95.7B
Total Cryptocurrencies: 36035
Active Cryptocurrencies: 9487
Active Market Pairs: 110495
Active Exchanges: 848
Total Exchanges: 10974
BTC: 115533.05$(0.21%/1H)
ETH: 4607.35$(0.29%/1H)
AVAX: 29.49$(0.51%/1H)
BNB: 926.17$(-0.07%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.89$(0.15%/1H)
DOT: 4.35$(0.23%/1H)
UNI: 9.43$(0.35%/1H)
CAKE: 2.53$(0.57%/1H)
SUSHI: 0.81$(0.8%/1H)
ONE: 0.01$(0.31%/1H)