Data: The total market capitalization of USDT is 81.4 billion USD, and it is about to recover all the market value lost after the Terra crash

ChainCatcher news, according to CoinMarketCap data, the total market capitalization of USDT has reached 81.4 billion dollars. Last May, when the Terra collapse prompted investors to sell off cryptocurrencies en masse, USDT peaked at around 83 billion dollars.

In addition, the market capitalization of USDT fell by nearly 20% in the second quarter of 2022. In the wake of this year's hits to USDC and BUSD, USDT is about to recover all the market value lost after the collapse of the Terra algorithmic stablecoin. (source link)