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19 September 2021

Tether's 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion – Blockchain Bitcoin News

Tether's 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion – Blockchain Bitcoin News


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The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion.

The largest stablecoin today, in terms of market valuation is tether (USDT) and on Friday, September 10, USDT’s market capitalization is $69.3 billion, according to the company’s transparency balance web page.

Data from Coingecko’s stablecoin by market cap stats indicate that tether (USDT) exists on 392 exchanges worldwide.

Nothing has increased in circulation as much as tether has as USDT’s market cap on Friday, March 27, 2020 was just over $4.2 billion in value and 532 days in increased by 1,549.9%?

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