Tether issued more than 13 billion USDT in November, breaking the total market value of stablecoins to over 193 billion dollars
IntoTheBlock posted on X that since the beginning of November, Tether has issued more than 13 billion USDT, which is the fastest issuance rate since 2021. According to DefiLlama data, the total market value of stablecoins is now reported at $193.317 billion, setting a new historical high; it increased by 1.44% over the past week and USDT's market share reached 69.56%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk: The Tesla and SpaceX stocks he holds make up almost all of his wealth
U.S. stock market opens with all three major indexes down, while the crypto sector shows mixed performance
Peter Schiff: Silver prices rose over 35% in December, but silver stock ETFs lagged behind
Trending news
MoreCrypto prices
More
