Tether supply hits $80B for the first time since May 2022

On April 6, the circulating market capitalization of USDT surpassed $80 billion for the first time since May 2022, with a gain of $15 billion so far in 2023.

On the other hand, the market caps of its chief rivals, namely USDC and Binance USD, fell by about $12 billion and $9.4 billion, respectively.