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Stablecoin Tether’s Market Capitalization Nears Record High of $83B

Altszn.com by Altszn.com
April 6, 2023
in Blockchain, Crypto, DeFi, Web3
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Stablecoin Tether’s Market Capitalization Nears Record High of $83B
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“When news about unlimited support for bank deposits made the rounds, bitcoin prices exploded from $20,000 to $28,000 within a matter of days,” said Thielen in a note to clients on Thursday. “But it would appear that holders of USDC either converted their Circle stablecoin into Tether’s USDT or that they simply sold $10 billion of USDC and bought bitcoin instead.”



Read More: www.coindesk.com

Tags: 83BcapitalizationDeFiHighMarketnearsrecordstablecoinTethers
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    • bitcoinBitcoin (BTC) $ 106,914.00
    • ethereumEthereum (ETH) $ 2,534.89
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.36
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    • solanaSolana (SOL) $ 168.40
    • usd-coinUSDC (USDC) $ 0.999823
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    • staked-etherLido Staked Ether (STETH) $ 2,529.16
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    • suiSui (SUI) $ 3.86
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    • the-open-networkToncoin (TON) $ 3.07
    • litecoinLitecoin (LTC) $ 94.55
    • polkadotPolkadot (DOT) $ 4.69
    • usdsUSDS (USDS) $ 0.999716
    • wethWETH (WETH) $ 2,537.96
    • moneroMonero (XMR) $ 350.98
    • wrapped-eethWrapped eETH (WEETH) $ 2,703.48
    • bitget-tokenBitget Token (BGB) $ 5.17
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.997582
    • pepePepe (PEPE) $ 0.000013
    • pi-networkPi Network (PI) $ 0.760103
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 107,038.00
    • whitebitWhiteBIT Coin (WBT) $ 30.20
    • aaveAave (AAVE) $ 258.68
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    • uniswapUniswap (UNI) $ 6.06
    • nearNEAR Protocol (NEAR) $ 2.81
    • aptosAptos (APT) $ 5.14
    • okbOKB (OKB) $ 52.28
    • jito-staked-solJito Staked SOL (JITOSOL) $ 203.02
    • ondo-financeOndo (ONDO) $ 0.942936
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • kaspaKaspa (KAS) $ 0.110274
    • tokenize-xchangeTokenize Xchange (TKX) $ 36.06
    • crypto-com-chainCronos (CRO) $ 0.096652
    • official-trumpOfficial Trump (TRUMP) $ 14.24
    • bitcoinBitcoin (BTC) $ 106,914.00
    • ethereumEthereum (ETH) $ 2,534.89
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.36
    • bnbBNB (BNB) $ 650.89
    • solanaSolana (SOL) $ 168.40
    • usd-coinUSDC (USDC) $ 0.999823
    • dogecoinDogecoin (DOGE) $ 0.226803
    • cardanoCardano (ADA) $ 0.744873
    • tronTRON (TRX) $ 0.268842
    • staked-etherLido Staked Ether (STETH) $ 2,529.16
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 106,844.00
    • suiSui (SUI) $ 3.86
    • wrapped-stethWrapped stETH (WSTETH) $ 3,045.84
    • chainlinkChainlink (LINK) $ 15.72
    • avalanche-2Avalanche (AVAX) $ 22.56
    • stellarStellar (XLM) $ 0.287649
    • hyperliquidHyperliquid (HYPE) $ 26.37
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.194602
    • leo-tokenLEO Token (LEO) $ 8.78
    • bitcoin-cashBitcoin Cash (BCH) $ 393.79
    • the-open-networkToncoin (TON) $ 3.07
    • litecoinLitecoin (LTC) $ 94.55
    • polkadotPolkadot (DOT) $ 4.69
    • usdsUSDS (USDS) $ 0.999716
    • wethWETH (WETH) $ 2,537.96
    • moneroMonero (XMR) $ 350.98
    • wrapped-eethWrapped eETH (WEETH) $ 2,703.48
    • bitget-tokenBitget Token (BGB) $ 5.17
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.997582
    • pepePepe (PEPE) $ 0.000013
    • pi-networkPi Network (PI) $ 0.760103
    • ethena-usdeEthena USDe (USDE) $ 1.00
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    • whitebitWhiteBIT Coin (WBT) $ 30.20
    • aaveAave (AAVE) $ 258.68
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    • bittensorBittensor (TAO) $ 414.52
    • uniswapUniswap (UNI) $ 6.06
    • nearNEAR Protocol (NEAR) $ 2.81
    • aptosAptos (APT) $ 5.14
    • okbOKB (OKB) $ 52.28
    • jito-staked-solJito Staked SOL (JITOSOL) $ 203.02
    • ondo-financeOndo (ONDO) $ 0.942936
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • kaspaKaspa (KAS) $ 0.110274
    • tokenize-xchangeTokenize Xchange (TKX) $ 36.06
    • crypto-com-chainCronos (CRO) $ 0.096652
    • official-trumpOfficial Trump (TRUMP) $ 14.24