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Tether’s market share grew by 21 points in 2023

Tether’s market share grew by 21 points in 2023

Tether, the company that issues the USDT stablecoin, saw its share of the global stablecoin supply grow from 50% to 71% over the course of 2023.

USDT recently surpassed 95 billion stablecoins in circulation, a sum larger than the GDP of countries like Guatemala and Bulgaria.

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