Tether market cap increases almost 4X in 2020 to $15 billion
Tether supply surges to $15 billion but it could still be a house of cards
The surging DeFi sector has resulted in a mass minting of Tether in 2020 — including $3B last month alone — which has pushed its market capitalization over $15 billion.
See more for yourself here (https://cointelegraph.com/news/tether-market-cap-increases-almost-4x-in-2020-to-15-billion).
Tether market cap increases almost 4X in 2020 to $15 billion
Tether supply surges to $15 billion but it could still be a house of cards
The surging DeFi sector has resulted in a mass minting of Tether in 2020 — including $3B last month alone — which has pushed its market capitalization over $15 billion.
See more for yourself here (https://cointelegraph.com/news/tether-market-cap-increases-almost-4x-in-2020-to-15-billion).
It has shown that how much popularity it has got at the period of short time. I think it will be strpng platform and currency in the upcoming years as we have seen most of the trader are using this pair.
Tether market cap increases almost 4X in 2020 to $15 billion
Tether supply surges to $15 billion but it could still be a house of cards
The surging DeFi sector has resulted in a mass minting of Tether in 2020 — including $3B last month alone — which has pushed its market capitalization over $15 billion.
See more for yourself here (https://cointelegraph.com/news/tether-market-cap-increases-almost-4x-in-2020-to-15-billion).
USDT marketcap today is $19B which is the highest cap all the time of USDT history. Its because of increasing trading volume of USDT in maximum exchanges now increased and surpasses over 60% trading volume are done in USDT pair. In the recent time, you can observe the trading volume in exchanges is a factor for increasing its marketcap but i don't believe it's a house of cards rather it's a long race.