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    Spill the (USD)T

    Introduction

    what is USDT on near blockchain?

    USDT (Tether) on the NEAR blockchain refers to the implementation of the Tether stablecoin on the NEAR Protocol. Tether (USDT) is a popular stablecoin that is designed to maintain a 1:1 ratio with the US dollar. It is used as a digital representation of the US dollar and provides stability and liquidity within the crypto ecosystem.

    The implementation of USDT on the NEAR blockchain allows users to benefit from the advantages of NEAR's fast and low-cost transactions while utilizing the USDT stablecoin for various purposes such as trading, payments, and decentralized finance (DeFi) applications.

    By leveraging the NEAR blockchain, USDT transactions can be executed quickly and with low fees, enhancing the efficiency and accessibility of using USDT within the NEAR ecosystem.

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    Methodology

    The first thing I want to point out is that I do not consider the numbers of the value of swapped tokens in the near.core.ez_dex_swaps table to be valid for the reasons that you can read from Discord Flipside Crypto in the below But approximately, these numbers were entirely correct from 40 days ago, and they are utterly valid so that they can be used. https://discord.com/channels/784442203187314689/992655061517881385/1116077018870722671

    In general, I know the value of the usdt token contract as dac17f958d2ee523a2206206994597c13d831ec7.factory.bridge.near, and I mainly used the table near.core.ez_dex_swaps and I tried to make the tables relativity and percentage to compare between tokens.

    In the first section, which is the overview section, you can see our criteria in general without a time limit. In the second section, which is the past days, you must enter a number in the barometer value and then press the apply parameter key; for example, if the number is 14, Select the tables that show information from 14 days ago to today. By default, these tables show information from 30 days ago to today.

    The last part is the conclusion. in that part, you can see the findings of the information analyzer based on the overview and the last 30 days.