Tether’s USDT Cryptocurrency Market Share Among Stablecoins Rises to Highest Level in 15 Months

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Tether’s USDT Cryptocurrency Market Share Among Stablecoins Rises to Highest Level in 15 Months

USDT’s market capitalization has grown some $5.3 billion this year so far to $71.6 billion, with $3 billion of the gains after mid-February. Circle’s rival stablecoin, USD Coin (USDC), has also gained $3 billion since the Paxos announcement; however, its $44 billion market cap is still lower than at the start of 2023. www.coindesk.com

USDT’s market capitalization has grown some $5.3 billion this year so far to $71.6 billion, with $3 billion of the gains after mid-February. Circle’s rival stablecoin, USD Coin (USDC), has also gained $3 billion since the Paxos announcement; however, its $44 billion market cap is still lower than at the start of 2023.

www.coindesk.com