Polygon to Tether correlation
According to the correlation analysis, MATIC and USDT have a strong relationship with each other and are correlated. Whenever there is a change in the price of MATIC then USDT also tends to follow the same pattern and move together.
MATIC Price Change and Market Cap
Currently, the MATIC price is 0$ and the 24-hour change is 0.00%. The market cap of Polygon today is $0 with a total of 0 MATIC in circulation. In the past 24 hours, the MATIC price peaked at 0$ and the lowest price was 0$.
Polygon Price Prediction
MATIC hit the market in April 2019 after an Initial Exchange Offering on Binance, attracting plenty of attention. In June 2020 mainnet finally went live, though it was not until launching staking in July that the price moved. All in all, 2020 was a volatile but barely profitable year for MATIC holders, as it opened at $0.014 and closed around $0.018. After the rebrand to Polygon Network in February 2021, MATIC earned recognition and reached $2.68 in May 2021. At the very end of 2021, MATIC broke that record, too, and rose to $2.87.
In the MATIC price predictions in a year from now, experts give a very wide range of targets — from $2.84 all the way up to $8. In 2025, different predictions also give targets that have a fivefold difference: from $1.9 to $10.94. By 2030, MATIC will be trading for double-digit prices up to $70.
Polygon Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store MATIC, monitor live Polygon prices and also exchange it from ChangeHero without leaving the application.
MATIC to USDT exchange margin
The closing conversion rate for MATIC to USDT yesterday was 0$. Considering today’s exchange rate, a transaction of 1 MATIC to USDT would result in an output of {{PRICE}} USDT
How to convert Polygon to Tether
Polygon and Tether comparison
Evolving from its original identity as Matic Network, Polygon has redefined itself as a multi-faceted Ethereum scaling and infrastructure development platform. Launched in 2017, it aims to address some of Ethereum's major limitations - including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance. Polygon stands out with its MATIC token, serving as the cornerstone of its ecosystem. MATIC tokens are instrumental in ensuring the security of the network through staking, participating in governance decisions, and paying transaction fees. As a Layer-2 solution, Polygon enables developers to build scalable, user-friendly dApps with low transaction fees, all while inheriting the robust security of Ethereum's blockchain.
Tether's USDT emerged as a revolutionary force in the digital currency space, offering the market's first major stablecoin pegged to the US dollar. Introduced in 2014, USDT was designed to merge the unrestricted nature of cryptocurrencies with the stable value of traditional fiat currencies. This unique attribute allows traders to avoid the extreme volatility of the crypto market, making it an ideal asset for trading and value storage within the crypto ecosystem. USDT's ability to maintain a steady valuation encourages wider crypto adoption by offering a stable digital alternative to traditional currencies. Operating across various blockchains, including Ethereum, Tron, and Bitcoin's Omni Layer, Tether has established itself as a fundamental asset in the cryptocurrency world, despite facing regulatory scrutiny over its reserves.
What is Polygon?
Polygon Network is an Ethereum-based interoperability solution for Ethereum-compatible chains. The problem is, even though there are scaling solutions on Ethereum, they cannot communicate with each other properly. This is the challenge Polygon sets out to solve.
To enable faster transactions and lower gas costs, Polygon leverages the Proof-of-Stake consensus algorithm. Ethereum is only used for finality and communication between Polygon chains, and the main bulk of operations happens on Polygon.
Polygon started out as Matic Network, a L2 scaling solution for Ethereum. However, along the way developers realized that there needs not be one single scaling solution. Instead, they set out to incorporate all of them into a single system and make it more approachable for use and development. This is why in 2021 they rebranded to Polygon.
MATIC to USDT Conversion Rate and Price
MATIC to USDT Conversion Rate and Price
At the moment, the conversion rate for 1 MATIC equals to 0$ USDT. The 24-hour highest price of Polygon in relation to USDT was 0$ USDT and the lowest was 0$ USDT. In short, the MATIC price in relation to USDT changed by 0.00%%.
Instantly Exchange MATIC to USDT
On ChangeHero you can instantly exchange Polygon to Tether without signup. You can easily convert MATIC to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your MATIC to USDT exchange.
MATIC to USDT Best Rate Exchange
For the Best Rate exchange of Polygon to Tether, we search through various exchanges for the MATIC to USDT pair and find the best rate available in the market. We provide you with an estimation of the amount of USDT you will receive.
As soon as you accept the terms and the MATIC is deposited, the exchange will be automatically processed. We remind you that the final amount of USDT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of MATIC to USDT.
MATIC to USDT Fixed Rate Conversion
For the Fixed Rate exchange of Polygon to Tether, ChangeHero finds a good rate for the pair MATIC to USDT and fixes the rate for up to 15 minutes. In the Best Rate exchange of MATIC to USDT, you will receive the exact amount of USDT shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned USDT address. ChangeHero is the best place to exchange MATIC to USDT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert MATIC to USDT?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange MATIC to USDT? Do I need an account to exchange MATIC to USDT?
No, you do not need an account to swap MATIC to USDT on ChangeHero. There will be no registrations for your Polygon to Tether transaction.
Do I need to go through KYC procedures for MATIC to USDT exchange?
There will be no KYC for the MATIC to USDT exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange USDT to MATIC?
Yes, you can instantly exchange USDT to MATIC on ChangeHero.
Buy and sell Bitcoin Cash
Are you looking to buy USDT? Now, on ChangeHero you can buy Tether with a credit or debit card. Also, you can sell your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
