Tether USDt

<ul><li>Tether&#39;s 3.54% supply shift to exchanges sparked a major crypto rally, highlighting its market influence.</li><li>USDT’s dominance in stablecoins is reinforced by its 89 billion circulation.</li><li>Driven by a multi-chain strategy, Tether enhances accessibility and innovation in crypto, underpinning its success.</li></ul>In the dynamic world of cryptocurrencies, Tether (USDT) has re-emerged as a pivotal player, marking a significant resurgence in the stablecoin market. As tweeted by Santiment, during the period from August 19 to October 16, a noteworthy shift occurred in the cryptocurrency landscape. Approximately 3.54% of Tether&#39;s total supply and 0.72% of USDCoin&#39;s entire supply were transferred to cryptocurrency exchanges.These movements set the stage for a significant crypto-wide rally that unfolded from late October to mid-November. Following this rally, both Tether (USDT) and USDCoin (USDC) experienced a brief cooldown period. This period was followed by their return to the forefront of the cryptocurrency market, signaling their resilience and continued relevance in the ever-evolving world of digital currencies.Tether&#39;s resurgence is not just a fleeting trend but a reaffirmation of its early 2021 dominance. Currently, Tether <a href="https://www.coingecko.com/en/coins/tether#:~:text&#61;The%20price%20of%20Tether%20%28USDT%29%20is%20%241.00%20today%20with%20a,a%20m" rel="noopener noreferrer nofollow">boasts</a> a price of $1.00 with a market cap of  $88 billion in the stablecoin domain. This dominance is further accentuated by its impressive circulating supply of 89 billion. This substantial supply underscores its dominant position in the stablecoin market.Read full article a<a href="https://cryptotale.org/tethers-resurgence-a-dominant-force-in-the-stablecoin-market/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Tether's Resurgence: A Dominant Force in the Stablecoin Market

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2023년 11월 27일에 게재된 다른 기사

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