In a difficult historical environment for stablecoins given the tightening of international regulations, Tether and its flagship product USDT seem to be getting the better of other competitors in the sector.
Tether (USDT) has made up for all the drop in capitalization it experienced a year ago during the collapse of the UST algorithmic stablecoin and the subsequent crisis of investor confidence in this kind of cryptocurrency.
Let’s take a closer look at what is happening.
Tether and its stablecoin USDT recover the capitalization lost last year
Tether (USDT), the world’s most traded crypto-asset, recovered all the capitalization it lost during 2022, when several apocalyptic events came upon the cryptocurrency sector.
In particular, the collapse of the Terra/Luna ecosystem, the UST stablecoin, and the failure of the FTX cryptocurrency exchange called into question the future of the market and that of USDT.
In that context, Tether’s stablecoin, which turns out to be the most popula
We współpracy z: https://en.cryptonomist.ch/2023/04/24/tether-usdt-market-cap-near-record-high/
