The market capitalization of the stablecoin USDT exceeded $115 billion
USDT from the bond issuer continues to occupy the dominant position among assets of its category. At this time, it accounts for more than 70% of transactions with stablecoins.
This week, USDT overcame another important milestone — over the past few days, its bank capitalization increased by more than $1 billion and reached a daily value of $115 billion.
The increase in USDT's market capitalization to $115 billion supports its use as a "digital dollar" for a wide range of transactions and investment options, which are issued outside of the first phase cryptocurrency," said Paolo Arduino, the handicapper's liaison.
