Tether market cap hits all time high

While, Tether trade volume hits all-time low which includes both CEXs and DEXs

James Van Straten
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James Van Straten
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
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Quick Take

  • Tether's market cap has just hit an all-time high of $83.2 billion.
  • However, according to Kaiko's research, Tether's trade volume is at multi-year lows; this includes both CEXs and DEXs, which had a daily USDT volume of around $7 billion in May.
  • Currently, the total market cap of the top 5 stablecoins is $124.2 billion, broken down as follows:
Stablecoins Circulating Supply: (Source: Glassnode)
Stablecoins Circulating Supply: (Source: Glassnode)
Tether Trade Volume: (Source: Kaiko)
Tether Trade Volume: (Source: Kaiko)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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Tether USDT (24h)
$1.00 +0.01%
Market Cap $189.77B
24H Volume $73.11B