Tether’s USDT grows as stablecoin supply tops $300B, rivals decline
Tether's USDT has seen significant growth as the overall supply of stablecoins surpasses $300 billion. In contrast, many rival stablecoins are experiencing a decline in their market presence. This shift highlights Tether's increasing dominance in the stablecoin market.
- ▪Tether's USDT supply has increased significantly.
- ▪The total supply of stablecoins has exceeded $300 billion.
- ▪Many competing stablecoins are facing a decline in market share.
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