🚀 **Tether USDT Dominates Stablecoin Market!**

- Tether USDT now accounts for 75% of the stablecoin market, up from 55% over the past two years. 📈

- Tether generated $400 million in revenue over the past 30 days, following a record Q1 with $4.5 billion in profits.

- USDT balances on exchanges hit a record $20.3 billion on August 13, signaling investors are ready to buy crypto.

**Other news:**

- Tether appoints former PayPal head of regulatory relations Jesse Spiro as head of government affairs.

- Tether plans to double its workforce to 200 by mid-2025, focusing on its compliance team.

**What do you think of Tether's growth? Share your thoughts! 💬**