Tether market cap eyes record high after regaining 65% stablecoin dominance By Cointelegraph
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(USDT) has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the U.S.
On April 17, the U.S. dollar-pegged stablecoin’s circulating market valuation reached nearly $81 billion, just 1.5% below its record high of $82.29 billion from a year ago. It has grown about 20% year-to-date (YTD) already and is now eyeing new all-time highs.
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(USDT) has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the U.S.
On April 17, the U.S. dollar-pegged stablecoin’s circulating market valuation reached nearly $81 billion, just 1.5% below its record high of $82.29 billion from a year ago. It has grown about 20% year-to-date (YTD) already and is now eyeing new all-time highs.
Continue Reading on Coin Telegraph
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