Tether’s (USDT) value increased by 22% this year, from 66 billion to 80.9 billion. Stablecoin market volume has decreased and is currently hovering at $131.94 billion. This year, USDT supply has climbed by more than 22%, from 66 billion to 80.93 billion. All of the increase in USDT over the last 30 days was 6.3%. Tether has the third-largest market capitalization among all cryptocurrencies, representing $29 billion of the $52.2 billion in 24-hour global trades and 6.213% of the $1.2 trillion in total value. It has 4,266,498 unique holders, with the top 100 wallets controlling 37.3% of it, and 480,388 holders, with the top 10 wallets controlling 49.15%.
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
