The capitalization of USDT has grown to $100 billion

The capitalization of USDT has grown to $100 billion

On March 4, the capitalization of USDT set a new historical maximum. The figure exceeded the $100 billion mark.

On March 4, 2024, the capitalization of the USDT stablecoin exceeded the $100 billion mark, which is a new historical maximum. The dominance of the asset in the market of "stable coins" is 70.20%, according to DeFiLlama.

It should be noted that at the beginning of 2024, the capitalization of USDT was $89.8 billion, in two months it increased by 9%.

We also emphasize that the capitalization of USDC, the closest competitor to USDT, crossed the $29 billion mark on March 4.

Source: https://incrypted.com/kapitalizaciya-usdt-vyrosla-do-100-mlrd/

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