March 29, 2024

Tether USDT capitalization exceeded $ 50 billion

Tether USDT capitalization exceeded $ 50 billion

Tether Confirms Over 50 Billion USDT in Circulation

Today, April 26, marketcapitalization of Tether USDT has broken through the $50 billion mark. Over the past year, the capitalization of the stable coin has grown 10 times. 

Tether USDT capitalization exceeded $ 50 billion

Tether CTO Paolo Ardoino said:

Crossing the $50 billion milestone – a very important step for Tether. Our success could serve as an example for central banks that are considering issuing their own cryptocurrencies.

USDT holds a special place in the cryptocurrency community. It was the very first stablecoin, and now it is the most liquid and popular stablecoin on the market. 

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Based on materialscointelegraph.com