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.