🚀 Tether (USDT) is on fire! The leading stablecoin is aggressively expanding across alternative blockchains like Toncoin and Celo, beyond its strongholds on Ethereum and TRON. In September alone, USDT's total supply hit 119.34 billion tokens, with a whopping 1 billion minted last month.
Celo saw a 68% surge in USDT supply, nearing $300M, while Toncoin's inflows are set to surpass $700M. This growth positions USDT as a key player in DeFi and daily payments on new chains. 🌐
Meanwhile, Circle's USDC is taking a more conservative route, focusing on compliance and stability, particularly in the EU.
Stablecoins are booming, and USDT's versatility is making waves in emerging markets and decentralized applications. #Crypto #Blockchain #DeFi