Tether Crosses $10B, Leaving Competing Stablecoins in the Dust

Cointelegraph

Published Jul 01, 2020 01:31AM ET

Updated Jul 01, 2020 02:00PM ET

Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.

Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto assets with an eleven-figure capitalization.

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