Tether’s USDT Hits $120B Market Cap, Signaling Possible Bitcoin Surge

Tether’s USDT Hits $120B Market Cap, Signaling Possible Bitcoin Surge

Tether’s USDT has reached a historic $120 billion market capitalization, reinforcing the "Uptober" narrative and suggesting a potential rally for Bitcoin and Ether. USDT, the world’s largest stablecoin, crossed this milestone on October 20, marking a significant moment for the crypto market. Stablecoins like USDT are critical as they serve as an on-ramp between fiat currencies and digital assets, with an expanding supply often signaling impen...

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