The world's largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
Tether’s US dollar-denominated stablecoin now controls two-thirds of the entire stablecoin market, following significant adoption over the past two years.
Tether USDT’s (USDT) market share rose over 20% during the past two years to control over 75% of the entire stablecoin market, according to Token Terminal.
The onchain data platform said in a Sept. 16 X post:
