Tether-Issued Stablecoin USDT’s Market Share Grows to 75% as Market Cap Tops...

Tether-Issued Stablecoin USDT’s Market Share Grows to 75% as Market Cap Tops $118B

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Source: Coindesk.com

USDT's market share grew to 75% from 55% in the past two years, according to Token Terminal. The Tether-issued stablecoin's supply rose to $118 billion from $65 billion while main rivals struggled.

Tether's USDT, the largest stablecoin, is not only growing larger, it's also cementing its dominant position and now accounts

Read More https://www.coindesk.com/markets/2024/09/17/tether-issued-stablecoin-usdts-market-share-grows-to-75-as-market-cap-tops-118b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B" appeared first here Coindesk.com.

Source: Coindesk.com

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