The market capitalization of stablecoin Tether in November 2021 was roughly three billion U.S. dollars higher than it was one month before. In 2021, Tether ranks as one of the biggest cryptocurrencies in the world and is regarded as the most well-known "stablecoin", or cryptocurrency that is connected to the price development of another, real-world asset. This particular segment made up roughly half of the overall value locked in Decentralized Finance or DeFi.
Market capitalization of Tether (USDT) from February 2015 to September 24, 2024
(in billion U.S. dollars)
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CoinMarketCap, & Statista. (September 25, 2024). Market capitalization of Tether (USDT) from February 2015 to September 24, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap, und Statista. "Market capitalization of Tether (USDT) from February 2015 to September 24, 2024 (in billion U.S. dollars)." Chart. September 25, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap, Statista. (2024). Market capitalization of Tether (USDT) from February 2015 to September 24, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap, and Statista. "Market Capitalization of Tether (Usdt) from February 2015 to September 24, 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Sep 2024, https://www.statista.com/statistics/1277906/tether-daily-market-cap/
CoinMarketCap & Statista, Market capitalization of Tether (USDT) from February 2015 to September 24, 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1277906/tether-daily-market-cap/ (last visited November 22, 2024)
Market capitalization of Tether (USDT) from February 2015 to September 24, 2024 (in billion U.S. dollars) [Graph], CoinMarketCap, & Statista, September 25, 2024. [Online]. Available: https://www.statista.com/statistics/1277906/tether-daily-market-cap/