Tether Is Becoming Increasingly Popular: $10 Billion Line Crossed

The total capitalisation of the most popular stable coin Tether (USDT) has finally broken the $10 billion line.

Increased demand

Just recently, due to the demand, they released an additional 120 million coins, each pegged to $1.

Total number of tokens

To date, the total market capitalisation of USDT is $10.07 billion. More than 60% of the total supply of tokens is in the Ethereum registry.

The final breaking of the $10 billion line

At the beginning of this month, the Messari platform already reported breaking the $10 billion mark, but other services did not confirm this. According to Coingecko, this psychological bar was only crossed on July 22