The capitalization of the stablecoin Tether (USDT) has reached a new high this week. At the time of publication of this material, it was $ 25.362 billion.
In December, digital currency developers printed another $ 5 billion, they announced on Twitter.
Tether has just surpassed a $25B market capitalization! 🎉 with $5B more in one month!
This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted stablecoin! pic.twitter.com/y8lPmefJFb
— Tether (@Tether_to) January 26, 2021
The team highlighted:
This fantastic milestone is further confirmation that Tether retains its top spot as the most liquid, stable, and reliable stablecoin!
Many analysts have previously repeatedly emphasized that the growth in USDT capitalization indicates that another wave of capital is expected in the crypto sphere. Thus, Bitcoin can take advantage of the influx of funds and strengthen its position. A similar situation was observed last year.
At the moment, the Ethereum blockchain has $ 14.702 billion in Tether. ETH traditionally occupies a leading position in the ranking of networks on which USDT tokens are deployed.
Recently it became known that the Tether team reported on the release of a batch of tokens worth $ 9.3 billion on the Tron blockchain.

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