Tether CEO Says USDT Supply Reaches Record $188 Billion

Paolo Ardoino states that USDT circulation hit a new all-time high, reinforcing Tether’s lead as broader stablecoin liquidity remains near record levels.

USDT

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Terms & Concepts
  • USDT: Tether’s dollar-pegged stablecoin, designed to maintain a value close to one U.S. dollar.
  • Stablecoin: A cryptocurrency designed to track the value of a fiat currency or other reference asset.
  • Circulating supply: The amount of a cryptocurrency currently issued and available in the market.