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.
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