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    Home » Tethers USDT Achieves Market Cap Exceeding 120 Billion
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    Tethers USDT Achieves Market Cap Exceeding 120 Billion

    By adminOct. 21, 2024No Comments1 Min Read
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    Tethers USDT Achieves Market Cap Exceeding 120 Billion
    Tethers USDT Achieves Market Cap Exceeding 120 Billion
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    The cryptocurrency market is seeing renewed bullish momentum with Bitcoin recently crossing the $69,000 level.
    Tether’s
    USDT
    has crossed the significant milestone of a $120 billion market capitalization for the first time, indicating a potential upward trend in the cryptocurrency market.
    As of October 20, Tether’s USDT, the largest stablecoin globally, exceeded the $120 billion threshold, as shown on the company’s live supply tracking page.
    Stablecoins serve as a crucial bridge between traditional fiat currencies and the realm of digital assets.
    READ MORE:


    Cardano Will Surpass Bitcoin and Ethereum in the Coming Decades – Charles Hoskinson
    An increase in stablecoin supply is often viewed as a precursor to a bull market, suggesting that investors are acquiring stablecoins in anticipation of future investments in cryptocurrencies.

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