With a current value of $82.84 billion, Tether is on the cusp of attaining its highest-ever market capitalization. It is only $433 million short of its all-time high, which was established on May 8, 2022. The number of USDT in circulation has increased by 2.7% in the last 30 days, according to recent data. Tether is a stablecoin with a $82.84 billion market capitalization and a $36.79 billion global trade volume. It has had varied fortunes in recent months, with USDC, BUSD, DAI, and USDP all seeing significant gains. In terms of supply increase over the last 30 days, GUSD has led the group.
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle with Redemptions
