Tether surpasses $154 billion in market capitalization…Approaching 60% stablecoin market share
Suehyeon Lee
Summary
- It was announced that Tether (USDT)'s market capitalization has surpassed $154 billion.
- Tether's stablecoin market share has been found to surpass 60%.
- Tether reportedly maintains its position as the market leader with around 60.9%.
The market capitalization of Tether (USDT) has reached an all-time high.
On the 6th (local time), Paolo Ardoino, CEO of Tether, announced on his X account, "Tether’s market cap has surpassed $154 billion."
As a result, Tether’s stablecoin market share has also exceeded 60%. According to CoinGecko data, the total stablecoin market cap stands at $252.72 billion, with Tether accounting for about 60.9%, maintaining its market leadership. Following Tether, USD Coin (USDC) holds a market share of 24.1%.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
