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MATIC/USDT Price

$ 0.5491-9.69%(1D)

MATIC Price Live Data

The live price of MATIC is USDT 0.5491 per (MATIC / USDT) today with a current market cap of 124,592,981.0000 USDT. 24-hour trading volume is 68.40M USDT. MATIC to USDT price is updated in real-time. MATIC is -9.69% in the last 24 hours.

About MATIC/USDT (MATIC)

Polygon, represented by the symbol MATIC, is a layer-2 scaling solution for the Ethereum blockchain. It aims to provide a scalable and efficient infrastructure for building and deploying decentralized applications (DApps) by overcoming the limitations of the Ethereum network, such as slow transaction speeds and high gas fees.

Polygon uses a combination of various scaling technologies, including Plasma, zk-rollups, and optimistic rollups, to enable faster and more cost-effective transactions. The native cryptocurrency of the Polygon network is MATIC, which is used for various purposes, including paying transaction fees, staking, and participating in the network's governance.