Tether Hits Record $160B Market Cap as New US Stablecoin Law Looms
Tether’s flagship stablecoin, USDT, is expanding at an unprecedented pace, reaching a record market capitalization of $160 billion despite looming challenges from new U.S. regulations. According to a July 18 analysis by CryptoQuant contributor Darkfost, the surge has been fueled largely by activity on the TRON blockchain, where USDT supply ...