Tether’s USDT Hits $160B, Solidifies Role as Digital Dollar

Tether’s USDT Hits $160B, Solidifies Role as Digital Dollar

Tether’s USDT stablecoin has reached a new milestone, surpassing a $160 billion market capitalization for the first time, according to CEO Paolo Ardoino. The figure cements USDt’s status as the leading digital dollar substitute, particularly across emerging and developing economies. In a post on X (formerly Twitter) Thursday, Ardoino hailed the achievement as a “mind-blowing milestone,” highlighting USDt’s growing role in global financia...

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