The whole worth of Tether USDT steady coin funds for all the previous year was $ 212 billion, The Block experiences.
The chart beneath reveals that the most important improve within the quantity of USDT transactions occurred within the first half of 2019:
USDT continues to be the preferred stablecoin, occupying about 85% of this market section. In accordance to the Tether web site, probably the most “steady cash issued on the Ethereum blockchain, their worth is $ 5.7 billion.
The provide of Tether cash primarily based on the Omni protocol has decreased by 14% because the starting of the year, the variety of tokens on the Ethereum and Tron blockchains has grown by 151% and 118%, respectively.
The whole capitalization of USDT at the moment exceeds $ 9 billion.
Recall that in early Might, the whole market provide of stablecoins exceeded $ 10 billion.
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