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Tether issued more than $13 billion in USDT in November, and the total market value of stablecoins exceeded $193 billion

Tether issued more than $13 billion in USDT in November, and the total market value of stablecoins exceeded $193 billion

CointimeCointime2024/12/02 10:22
By:Cointime

IntoTheBlock stated in an article on X that since early November, Tether has issued more than 13 billion USDT, which is the fastest increase rate since 2021. According to DefiLlama data, the total market value of stablecoins is currently at 193.317 billion US dollars, reaching a new historical high with a growth rate of 1.44% in the past week. USDT's market share has reached 69.56%.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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