The market capitalization of Tether’s stablecoin has reached $81.5 billion, which is the highest peak in the last year and a half. And now USDT occupies 63% of the total stablecoin market volume. So it’s not far from a monopoly, friends. Here, of course, problems with other stablecoins greatly contributed to Tether. But USDT does not stop growing in size. The main thing is that we do not find ourselves in a situation where it becomes the only “normal” option - monopoly is not good
But Tether is, of course, worth congratulating on its success.