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coinpedia 2024-08-02 14:19:49

Tether Drives Stablecoin Growth to 2-Year High, Market Cap Reaches $164B

The post Tether Drives Stablecoin Growth to 2-Year High, Market Cap Reaches $164B appeared first on Coinpedia Fintech News The stablecoin market has reached a significant milestone, soaring to a two-year high with market capitalization reaching $164 billion. This impressive growth has been driven primarily by Tether (USDT). Tether (USDT) currently dominates the stablecoin market, holding a commanding 70% share. Circle stablecoin USDC holds a 21% market share. Smaller players, including DAI, FDUSD, and …

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