"Tether (USDT), Strengthens Market Dominance to 72%"

Source=IntoTheBlock

The market dominance of Tether (USDT) as a stablecoin has strengthened. On the 29th (local time), the hypothetical asset account Satoshi Club stated through X that "USDT holds 72% of the stablecoin market," adding that "in 2022, it was at the 50% level." Furthermore, they evaluated that "the weekly issuance volume of USDT was 3 billion dollars," which is similar to the level of the 2021 bull market. Since November, the total issuance of USDT has reached 13 billion dollars.