Tether’s USDT hits record $120B market cap

By X-blogger - on October 21, 2024

Tether’s US dollar-denominated stablecoin has surpassed the record $120 billion market capitalization for the first time, signaling a potential crypto rally. Tether’s USDT, the world’s largest stablecoin, surpassed the milestone on October 20th, according to the firm’s website, which offers live updates of the stablecoin’s supply.

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