Tether CEO: USDT Capital exceeds 172 billion USD, setting a record

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USDT market Capital is currently at around $172,020,028,458, with a 24-hour volume of around $54,165,468,335.

Data compiled by CoinGecko shows that the total market Capital of stablecoins across the network is nearly $296,956,000,000. These figures reflect the size of liquidation and demand for stablecoins in the cryptocurrency ecosystem.

MAIN CONTENT
  • USDT Capital is around 172,020,028,458 USD.
  • USDT 24 hour volume is about 54,165,468,335 USD.
  • Total stablecoin Capital on the network is nearly $296,956,000,000.

Current USDT Capital capitalization

USDT 's market Capital according to CoinGecko data is around $172,020,028,458, with a 24-hour volume of around $54,165,468,335.

This figure reflects the large liquidation of USDT on exchanges, and also shows that the demand for USDT as a temporary shelter or trading pair remains high.

Total Capital of stablecoins

The total Capital of all stablecoins on the network according to the same data source is around $296,956,000,000.

The total Capital index helps assess the stablecoin market share compared to the entire cryptocurrency market and shows the important Vai of stablecoins in providing liquidation and trading stability.

Meaning and impact

The increase in USDT Capital and volume shows that the demand for value storage and liquidation in the cryptocurrency market remains high.

This could boost trading activity, but also raises the need for oversight of reserves, transparency, and systemic risks associated with stablecoin issuers.

FAQ

What is USDT and why is Capital important?

USDT is a stablecoin used as a means of payment and trading pair. Capital reflects the circulation size and level of acceptance in the market, affecting liquidation.

What does the figure 172,020,028,458 USD mean?

This is the total value of all USDT in circulation at current price, showing the volume of assets represented by USDT in the ecosystem.

What does the total stablecoin Capital of $296,956,000,000 mean?

This number represents the total value of all stablecoins on the network, used to assess the importance of stablecoins to the cryptocurrency market.

What are the main risks when stablecoin Capital increases?

Risks include reserve transparency issues, liquidation risks when volatility is high, and legal risks related to the issuer.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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