Tether volume hits $600B as it attempts to take on Bitcoin as crypto’s benchmark

Cointelegraph

Published Oct 15, 2020 11:12PM ET

Updated Oct 17, 2020 02:20AM ET

The latest data from analytics providers suggest that cumulative Tether transaction volume has just surpassed $600 billion as it begins to dominate crypto exchange trading.

On-chain analytics provider Glassnode has revealed that Tether transaction volume increased by around 20% over the past 30 days to reach that new cumulative milestone.

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