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Tether’s market share grows from 55% to 75% in the last 2 years

CryptopolitanCryptopolitan2024/09/15 16:00
By:By Noor Bazmi

Share link:In this post: The market share of largest stablecoin issuer has increased from 50% of 75%. Tether makes the revenue of estimated $400 million. The total supply of USDT is not $118 billion dollars.

Tether now has 75% percent of the market share, which has increased from 50% within the past two years. In the past 30 days, the estimated revenue of Tether is $400 million. Whereas, USDT’s total supply stands at $118 billion dollars.

According to an X post shared by Token Terminal on September 16th, Tether’s total supply is now 118 billion dollars. The currency has increased its market value from 50% to 75% in the span of the last two years.  Tether being one of the largest stable coin issuer has made an estimated revenue of $400 million.

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