According to BlockBeats, on September 17, according to data from blockchain data analysis platform Token Terminal, the stablecoin USDT issued by Tether has not only continued to grow in size, but also consolidated its dominance, currently accounting for nearly 75% of the total market value of the stablecoin market, up from 55% two years ago. In two years, the supply of USDT has almost doubled, from about US$65 billion to US$118.6 billion.