What’s Driving Tether’s Exponential Growth? Skepticism Rises As Tether [USDT] Surpasses XRP In Market Capitalization
The stablecoin market is exponentially growing and Bitfinex sister company, Tether, currently leads the market with over $8 billion in market capitalization. The recent rapid printing in USDT as “inventory replenishes” has seen the market cap of the stable coin eclipse XRP into third with a total of $8,832,607,783 to XRP’s $8,826,197,105 as of May
The stablecoin market is exponentially growing and Bitfinex sister company, Tether, currently leads the market with over $8 billion in market capitalization. The recent rapid printing in USDT as “inventory replenishes” has seen the market cap of the stable coin eclipse XRP into third with a total of $8,832,607,783 to XRP’s $8,826,197,105 as of May