-Ethereum Recovers USDT Position on Tro
n The current record #USDT supply of 132.9 billion yen is favorable as stable coins are the foundation for capital flows and trading liquidity in the broader cryptocurrency ecosystem.
ETH has been the primary chain that financial institutions have used to tokenize real assets backed by the US dollar. In countries with high inflation rates, fast and inexpensive #tron chains have helped increase many people's savings with stable coins such as USDT.
11/21/2017 #Ethereum regained the top spot, and on 11/23-2018 Tether further distinguished itself from Tron by issuing $2.10 billion in Ethereum.
BNB Chain, Arbitram and Avalanche round out the top three with USDT shipments of 4458,000, 309,000 yen and 131,000 yen respectively for $55 million.
USDT is the world's largest stablecoin with a market capitalization of $1.323 billion. According to CoinGecko, it is followed by Circle, a USD coin with a market value of $3.390 billion.
The top 5 include USDS (USDS), Ethena USDe and Dai, with market values ranging from 5.3 billion to 3.5 billion yen.
September 7, Tether announced that the number of users has reached 35,000 million, equivalent to 4.2% of the world's population.
2.6. 3 billion USDS, or 67.5% of the market valuation of USDS, is the amount of ETH that leads to the dominance of USDS.
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