Tether (USDT) Market Share Rises to 75% on Binance
Son Min
Summary
- It was reported that the market share of Tether (USDT) on Binance has risen to 75%.
- The market share of First Digital USD (FDUSD) has decreased.
- It was noted that the market share of USD Coin (USDC) reached 7% due to the implementation of the European MiCA law.
The market share of Tether (USDT) on Binance has risen to 75%.
On the 3rd (local time), Unfolded reported on X that "the market share of USDT among stablecoins listed on Binance has risen to 75%," while "the market share of First Digital USD (FDUSD) has decreased." It further noted that "due to the implementation of the European MiCA law, the market share of USD Coin (USDC) has reached up to 7%."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit