Tether’s USDT Is on a Roll, Approaches 50% Market Share for the First Time Since This Year

The post Tether’s USDT Is on a Roll, Approaches 50% Market Share for the First Time Since This Year appeared first on Coinpedia Fintech News Tether’s (USDT) stablecoin market share […]

The post Tether’s USDT Is on a Roll, Approaches 50% Market Share for the First Time Since This Year appeared first on Coinpedia Fintech News
Tether’s (USDT) stablecoin market share is approaching 50% for the first time since December 2021 and is once again consolidating as cryptocurrency’s preferred pegged token. The largest stablecoin issuer now has a $68.4 billion circulating supply, an increase of around 3%, after deploying an additional $2.4 billion USDT this year. Whale Alert took to Twitter …