**Tether's USDT Hits Record $120B Market Cap, Hinting at Crypto Rally**

Tether's USDt (USDT), the largest stablecoin, has hit a new milestone, surpassing a $120 billion market cap on October 20. This surge is seen as a potential indicator of an upcoming crypto rally.

- **Stablecoins as a Gateway**: Stablecoins like USDT serve as a bridge between fiat currencies and digital assets. An increase in their supply often signals that investors are gearing up to buy cryptocurrencies.

- **Historical Context**: Back in August, Tether minted $1.3 billion USDT in just five days, helping Bitcoin recover over 21% from a five-month low.

Stay tuned for more updates on this developing story.