USDT market capitalization surpasses $170 billion, reaching a new all-time high
Jinse Finance reported that, according to the latest data from Coingecko, the market capitalization of the US dollar stablecoin USDT, issued by stablecoin issuer Tether, has surpassed 170 billions USD, currently reaching 170,085,261,371 USD, setting a new all-time high. The trading volume in the past 24 hours reached 102,711,488,564 USD.
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
AI concerns outweigh inflation benefits, US dollar sees biggest single-day drop in over a month
Despite the U.S. September PPI posting its largest monthly increase in four years and retail sales exceeding expectations—factors that should have bolstered the dollar—risk aversion triggered by a sell-off in AI-related assets led to a flight to U.S. Treasuries, pushing yields lower and weighing on the dollar. As a result, the dollar fell by 0.3% on Thursday. Analysts noted that the dollar is closely linked to AI capital expenditures, and if the market grows concerned about the peak of AI investments, the dollar would be the first to take a hit.


Moody's expects Nike's revenue and profits to decline through fiscal year 2028

