• Written by: Lipika Deka
  • Tue, 23 May 2023
  •   Estonia

While the daily volume of Tether’s USDT fell to multi-year lows over the weekend, the market valuation of the stablecoin is currently at an all-time high of $82.9 billion. According to crypto market research firm Kaiko, since stablecoins’ primary use is for trading, the unprecedented surge in USDT’s market cap is “questionable” given that the […]

Tether’s Market Cap Surge Is Puzzling-Kaiko