web portal, there’s $78.5 billion assets under management. Metrics indicate that tether represents 3.35% of the $2.33 trillion crypto economy today and 46% of the $168.3 billion stablecoin economy.
Tether has seen massive growth during its lifetime. For instance, on September 13, 2015, tether’s market capitalization was $451,600 and the jump to $78.2 billion is a whopping 17,327,227% increase in just over six years. The only stablecoin with a comparable market valuation is usd coin with $42.1 billion, up 9.7% since last month. USDC represents 1.8% of the $2.33 trillion market cap and is around 52.68% or just over half the size of tether’s market valuation.
The two stablecoins combined represent 71.82% of the entire stablecoin economy and roughly 5.15% of the $2.33 trillion crypto economy. Four stablecoin protocols in the top ten positions of stablecoin market valuations, have increased between 12.9% to 42.9%. BUSD issued by Binance jumped 12.9%, Terra’s UST spiked 34.2%, MIM increased by 30.9% and FRAX swelled by 42.9%.
Tether’s overall valuation is 39% larger than BUSD, UST, MIM, and FRAX combined. Besides being the largest stablecoin in existence today issued across several blockchains, Tether commands the most trade volume as well. Tether’s 24 hour volume is more than
USDT is the most stable and convenient, can be exchanged into any currency, and there are many ways to make profits.
supermetaversee support the project already got 2x and 1000x is heading this month because supply is 2Billion and price is 0.00008 usdt 🤑🚀🚀🚀🚀🚀
It is easier to store in Tether. Every exchange and every wallet supports it.
WOW These are huge numbers. But we won't deny that Tether is used in 75% of transactions and actions
Printing thin air SCAMUSDT
Along with that, more than 14 million users in the Binance ecosystem will also receive a 10% cashback offer when paying with Binance Pay for all transactions Endlesswar Endlesswargame gamefi gameNFT Metaverse
Mine your BTC for more cash, $60k-$100k weekly ask me how
Adios, lightning netowrk!
bitcoin on WATCH as its RSI is stable and giving off an indication for STRENGTH in this area can be CRITICAL for the growth of $BTC as it may allow for a BREAKOUT above the charted resisting trend-line at $50k Bravo tz_fast Made us proud her tips & TA have been very helpful
LEARN HOW TO TRADE, INVEST AND CONTROL YOUR PROFITS, YOU CAN EARN DOUBLE OF YOUR INVESTMENT WITHIN 48HOURS, NO EXTRA CHARGES, INBOX NOW
That's it wooow holly shit
hello everyone, I didn't have enough for a gift to my mother, $83. Help out. Who can do as much as they can.bc1qn0xwm85twphpydl7vnmn58sewturp3m6jnn2kd please
Does anyone want to learn about cryptocurrency mining? No mining machine is needed, and it is a zero-risk project, which is very important!
That's why I like Tether. I hodl this great stablecoin.
Let's take a look at $GBAG from giftbag_io giftbag_io is here to offer the public an unprecedented experience in regards to offering unseen and valuable art, and at the same time helping humanity through donations DYOR | giftbag_io BSC nftart
💥 BREAKING: BanxaOfficial NASDAQ LISTING in early 2022, very good short and long investment bitcoin crypto fintech ethereum btc eth nasdaq NASDAQ100 cryptotwitter
cryptо isn't admitеd if it is pоssiblе
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »