Tether now has 75% percent of the market share, which has increased from 50% within the past two years. In the past 30 days, the estimated revenue of Tether is $400 million. Whereas, the total supply of the USDT is $118 billion dollars.
According to an X post shared by Token Terminal on September 16th, Tether’s total supply is now 118 billion dollars. The currency has increased its market value from 50% to 75% in the span of the last two years. Tether being one of the largest stable coin issuer has made an estimated revenue of $400 million.
ICYMI: @Tether_to has grown its market share from 55% to 75% over the past 2 years.
1) Tether’s USDT supply is $118 billion
2) Tether’s market share is 75%
3) Tether has made (an estimated) $400 million in revenue in the past 30 days pic.twitter.com/IFxXGY0UYg— Token Terminal | @ TOKEN2049 🇸🇬📊 (@tokenterminal) September 16, 2024
Source: https://www.cryptopolitan.com/tethers-market-share-grows-from-55-to-75-in-the-last-2-years/