Tether (USDT) is Now the Most Traded Crypto Asset
Cryptovest
Published Jul 23, 2019 06:46AM ET
Updated Jul 23, 2019 08:01AM ET
Tether (USDT) is Now the Most Traded Crypto Asset
Tether (USDT) is breaking a series of records, after increasing its supply to above 4 billion coins. Now, USDT has taken the helm as the best-traded asset, taking over more than 32% of all exchange activity.
Traditionally, Bitcoin (BTC) was the most active coin, by virtue of being the most in-demand asset, and for being included in multiple base pairs. But now, many altcoins have acquired their own USDT markets, boosting the need for more stablecoins to flow through the exchanges.
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Written By: Cryptovest
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