Since then, Tether has expanded to numerous blockchains, launched various tokens and skyrocketed in popularity. As of the end of May 2022, all the USDT tokens outstanding were worth $73 billion, making it the third-largest cryptocurrency by market capitalization.
Related posts
-
Tether’s (USDT) Stablecoin Dominance May Wane Following Proposed U.S. Regulation: S&P
“An approval of the stablecoin bill would accelerate institutional blockchain innovation, in particular for tokenization or... -
Tether Will Freeze Wallets Evading Venezuelan Sanctions
Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports. Source... -
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
PDVSA, the state-owned Venezuelan oil company, would be preparing...