55% of all Tether, $25B, were created in 2021
Tether Market Cap — Chart and Ideas — TradingView
The pioneer of the stablecoin model, Tether combines the best of two worlds, fiat currencies and the blockchain technology. It's pegged to US dollar so that 1 Tether could always be traded for $1, which decreases the risks usually associated with crypto. At the same time, it's still built on a blockchain and comes together with all the related perks, like transparency, innovation, widespread adoption features. With its dual nature, USDT is "disrupting the global financial industry". It's always interesting to watch where such ambitions will lead — you can do it with the chart we've prepared. It shows USDT market cap, which is the number of coins in circulation times their current price. A growing market cap might be a good sign for investors — it means the market favors the coin. However, a decrease might start any moment, in which case you'd better wait and reconsider your strategy.