
USDT’s Grip on the Stablecoin Market Begins to Slip
Analysis of the Stablecoin Market: Is USDT Losing Ground? The stablecoin market, currently valued at $206.2 billion, is undergoing a significant shift. Tether’s USDT, which has long dominated the market with a 66% share, is facing challenges from increasing regulatory scrutiny, particularly in the European Union, and growing competition from alternatives like Circle’s USDC and…