Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Tether USAT market cap reaches 141 million dollars, still far below competitors

Tether USAT market cap reaches 141 million dollars, still far below competitors

AiCoinAiCoin2026/05/28 18:58
Show original
The market capitalization of Tether's USAT stablecoin increased more than sixfold in April to $141 million. The latest reserves report indicates the growth is driven by institutional demand for capital management, settlement, and US dollar liquidity. USAT was launched in January, and its market cap remains far below Circle’s $7.6 billion USDC, PayPal’s $550 million PYUSD, and Ripple’s $170 million RLUSD.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

“Old ginger is spicier”! Outperforming semiconductors and debt panic, post-Buffett era Berkshire (BRK.A.US) hits another record high

Berkshire Hathaway Class B shares rose as much as 3.2% to $543.06 intraday on Wednesday, marking a new all-time high since May 2, 2025. After Buffett announced his resignation a year ago, the stock price fell for several months; now, the market has set a new record high, representing its first valuation of the "post-Buffett era."

智通财经•2026/10/22 00:46

BIS closed-door meeting sends message to Wall Street: No signs of “systemic risks” from AI

At a closed-door Wall Street meeting with ticket prices starting at $7,500 and no media access, U.S. Treasury Secretary Bessent stated that she does not see any “systemic issues” with AI, refuting bubble concerns by saying, “This isn’t Pets.com.” She added that those betting on AI are “the smartest people in the world.” These comments come at a sensitive time as AI stocks have seen multiple bouts of volatility recently.

华尔街见闻•2026/10/22 00:36
BIS closed-door meeting sends message to Wall Street: No signs of “systemic risks” from AI