Tether Loses Grip: Stablecoin Dominance Drops To 60%

Based on recent figures, USDT dominance dropped to nearly 60% on August 29. It is the weakest hold Tether has had since March 2023. Related Reading: Insider Trading Suspicions Mount As Crypto Treasuries Balloon – Report Nevertheless, USDT’s market cap is $168 billion and Circle’s USDC is $70.37 billion — both all-time highs. So the […]