Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble

Tether (USDT) continues to benefit from the ongoing turmoil in the U.S. dollar-backed stablecoin industry, with its market capitalization growing significantly in Q1 2023 at other stablecoins’ expense. Tether market cap reaches $80 billion On April 6, the circulating market capitalization of USDT surpassed $80 billion for the first time since May 2022, with a […]

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