Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The market share of Tether_to USDT among stablecoins surpassed 54% on Monday, its highest level since November 2021, data by CoinGecko shows. sndr_krisztian reports

to an external asset, usually the U.S. dollar, and serve as a facilitator for trading on exchanges and making transactions between central bank-issued fiat money and the digital asset world.

Tether’s position as the world’s dominant stablecoin defies its historically opaque reporting about its reserves backing the value of USDT and heavy scrutiny of its internal dealings. Last week, The Wall Street Journalthat Tether used bank accounts accessed by falsified documents in 2018.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Tether_to sndr_krisztian The voice of the people is the voice of God 💚

Tether_to sndr_krisztian if it fails, the SEC will put Binance and the market down for a decade

Tether_to sndr_krisztian Ready to fall

Tether_to sndr_krisztian Because of the big sale

Tether_to sndr_krisztian Time to covert that USDT to $Kishu and Tenshi guys 👀👀

Ireland Ireland Latest News, Ireland Ireland Headlines