Tether-pegged USDT0 stablecoin crosses $100 billion transaction volume milestone

The Block·

Tether-pegged USDT0 stablecoin crosses $100 billion transaction volume milestone

60-second summary

USDT0, the largest stablecoin by market capitalization, has crossed the $100 billion transaction volume milestone, solidifying its position in the cryptocurrency market. Backed 1:1 by Tether, USDT0 is the third-largest holder of USDT, with its massive transaction volume a testament to its widespread adoption and usage in various cryptocurrency trading platforms and exchanges worldwide, fueling further growth in the industry.

USDT0, backed 1:1 by tethers, the largest stablecoin by market capitalization, is the third-largest holder of USDT.