Tether CEO: USDT market cap exceeds 172 billion USD, reaching a new high

ChainCatcher news, Tether CEO Paolo Ardoino disclosed data on the X platform, stating that the market capitalization of USDT has surpassed 172 billion dollars, setting a new record.

According to Coingecko data, the current market capitalization of USDT has reached 172,020,028,458 dollars, with a 24-hour trading volume of 54,165,468,335 dollars, and the total market capitalization of stablecoins across the network has reached 296.956 billion dollars.