Tether's USD-Pegged Stablecoin Controls Two-Thirds of Market, Market Share Up 20% in Past Two Years
Article is form Jinse
September 16, 2024
This article is translated by ChatGPT Show original
On September 16th, according to Cointelegraph, Tether's US dollar-pegged stablecoin now controls two-thirds of the entire stablecoin market following its widespread adoption over the past two years. Data from Token Terminal reveals that USDT's market share has risen by over 20% in the past two years (from 55% to 75%), with its supply reaching $118 billion, now accounting for over 75% of the entire stablecoin market.
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