December 7, 2023

Bobbys Brane

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Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps By Cointelegraph

1 min read

The (USDT) stablecoin has hit a new all-time-high (ATH) market capitalization of over $83 billion as its market dominance continues.

The new ATH market cap for USDT comes in a year when other stablecoin issuers struggle to stay afloat due to regulatory woes. The same was pointed out by cryptocurrency exchange Binance’s CEO Changpeng “CZ” Zhao.

USDT market cap chart. Source: CoinMarketCapUSDC all-time market cap chart. Source: CoinMarketCap

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