Stablecoin Surge: Tether’s Headroom for Growth

Stablecoin Surge: Tether’s Headroom for Growth

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Source: Coindesk.com

The market cap for stablecoins has grown considerably in the past six months, increasing from $122 billion in October 2023 to $157 billion in April 2024. Among stablecoin providers, Tether (USDT) has captured a significant market share, exceeding $100 billion and accounting for over 70% dominance in the stablecoin market.

Building on this momentum, Tether's Q1 2024

Read More https://www.coindesk.com/markets/2024/05/08/stablecoin-surge-tethers-headroom-for-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Stablecoin Surge: Tether's Headroom for Growth" appeared first here Coindesk.com.

Source: Coindesk.com

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