Tether Launches Official USDT Recovery Tool As Market Cap Hits $100 Bln

The issuer of the world’s largest stablecoin USDT, Tether, has introduced an official recovery tool, which is aimed at helping users move their USDT holding from blockchains that are currently unresponsive. This action is one of Tether’s ways to guarantee the never-ending availability and safety of USDT for all its users worldwide. Tether’s announcement comes at a time when USDT reached an important market capitalization milestone of $100 billion on March 4th and showed notable growth of 9% year-to-date, according to CoinGecko data.