ethereumworldnews.com
Quick take:
- The market capitalization of Tether (USDT) has just passed the $25 Billion mark
- $5 Billion of which was issued in the last month
- According to the Tether balance-sheet, the company has $25.139 Billion in total assets
- The use of USDT on Tron has seen a significant increment as Tether users avoid high fees on Ethereum
The market capitalization of the popular stablecoin of Tether (USDT) has just surpassed $25 billion. The team at Tether announce the milestone via Tether has just surpassed a $25B market capitalization!
With $5B more in one month!
This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted stablecoin!
A quick glance at report by DappRadar that points out that the transaction count of USDT on Tron has surpassed Ethereum’s count for three weeks in a row.
According to the report, traders and investors are moving to USDT on Tron because ‘transactions cost a fraction of the fees required of trading on Ethereum’.