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22 September, 2024

Tether’s Dominance Grows: USDT Market Cap Nears $120 Billion

22 September, 2024

Tether’s USDT stablecoin continues to dominate the market, with its market capitalization nearing a staggering $120 billion. This remarkable growth reflects Tether’s increasing adoption across various sectors, including agriculture, artificial intelligence, and Bitcoin mining. Despite this expansion, Tether remains committed to its core principles, maintaining significant holdings in US Treasuries to ensure stability and transparency.