Data: USDT stablecoin market share increased to about 75%, market value exceeded US$118 billion
On September 17, according to data from the blockchain data analysis platform Token Terminal, the stablecoin USDT issued by Tether not only continues to grow in scale, but has also consolidated its dominant position, currently accounting for nearly 75% of the total market capitalization of stablecoins, higher than 55% two years ago. Over the past two years, the supply of USDT has nearly doubled, growing from around $65 billion to $118.6 billion.
