Tether USDT’s market share rises 20%, reaching 75% in two years

The world’s largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.

Tether’s US dollar-denominated stablecoin now controls two-thirds of the entire stablecoin market, following significant adoption over the past two years.

Tether USDT’s (USDT) market share rose over 20% during the past two years to control over 75% of the entire stablecoin market, according to Token Terminal.

The onchain data platform said in a Sept. 16 X post:

Read more

The world’s largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
Tether’s US dollar-denominated stablecoin now controls two-thirds of the entire stablecoin market, following significant adoption over the past two years.Tether USDT’s (USDT) market share rose over 20% during the past two years to control over 75% of the entire stablecoin market, according to Token Terminal.The onchain data platform said in a Sept. 16 X post:Read more