Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin space, with its supply growing significantly since the beginning of 2023. However, there are signs that new competitors may challenge its dominance in the future. USDT’s Reign Over? According to the researcher and founder of DeFiance Capital, ArthurOx, one factor that may limit Tether’s growth is the emergence of new stablecoins. As investors become more concerned about the risks associated with
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Author: coinmaker