The market capitalization of stablecoin Tether in November 2021 was roughly three billion U.S. dollars higher than it was one month before. In 2021, Tether ranks as one of the biggest cryptocurrencies in the world and is regarded as the most well-known "stablecoin", or cryptocurrency that is connected to the price development of another, real-world asset. This particular segment made up roughly half of the overall value locked in Decentralized Finance or DeFi.
Market capitalization of Tether (USDT) from February 2015 to June 2, 2024
(in billion U.S. dollars)
Characteristic
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CoinMarketCap, & Statista. (June 3, 2024). Market capitalization of Tether (USDT) from February 2015 to June 2, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap, und Statista. "Market capitalization of Tether (USDT) from February 2015 to June 2, 2024 (in billion U.S. dollars)." Chart. June 3, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap, Statista. (2024). Market capitalization of Tether (USDT) from February 2015 to June 2, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap, and Statista. "Market Capitalization of Tether (Usdt) from February 2015 to June 2, 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Jun 2024, https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap & Statista, Market capitalization of Tether (USDT) from February 2015 to June 2, 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1277906/tether-daily-market-cap/ (last visited July 22, 2024)
Market capitalization of Tether (USDT) from February 2015 to June 2, 2024 (in billion U.S. dollars) [Graph], CoinMarketCap, & Statista, June 3, 2024. [Online]. Available: https://www.statista.com/statistics/1277906/tether-daily-market-cap/