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Tether's Stablecoin Market Cap Now Double USDC After SVB Chaos

Tether’s stablecoin market capitalization swelled to nearly $75 billion on Thursday morning, its highest level since May 2022, data from CoinGecko shows.

USDT’s market cap is now almost twice as much as that of USD Coin (USDC), the world’s second-largest stablecoin issued by the Boston-based company Circle.

(By Andrew Asmakov)

Tether USDt Tether USDt $1.00
-0.05%
Tether Circle USDT
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