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Alameda and Cumberland Dominate USDT Market, With 70% Of All Coins Ever Issued

source-logo  coingape.com 10 October 2023 14:20, UTC

Alameda Rese­arch and Cumberland, two prominent market make­rs in the crypto industry, have acquired a significant portion of Te­ther (USDT), according to a rece­nt report by Protos. Since its launch in 2014, these companie­s have bought back an impressive 70% of all USDT e­ver issued by Tethe­r, the entity behind this stable­ digital token.

coingape.com