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USDT Market Cap Hits Record $92 Billion: Stablecoin Adoption Continues to Rise

Jan 2, 2024

USDT Market Cap Hits Record $92 Billion: Stablecoin Adoption Continues to Rise
USDT Market Cap Hits Record $92 Billion: Stablecoin Adoption Continues to Rise
USDT Market Cap Hits Record $92 Billion: Stablecoin Adoption Continues to Rise

Today, the value of USDT (Tether), a popular stablecoin in the cryptocurrency market, briefly reached a new record of $92.16 billion in market capitalization at 9:00 AM. This shows that more people are using stablecoins to trade and store value in the crypto world. Although it has slightly decreased to $91.47 billion, it's still a significant milestone for USDT and stablecoins in general.