The market capitalisation of Tether, now the world’s largest USD-pegged stablecoin, has surpassed $10 billion to make it the third largest cryptocurrency in circulation Tether has risen above $10 billion in market capitalisation as the most liquid stablecoin continues to enjoy rapid growth. It is now the third largest cryptocurrency in circulation after leapfrogging XRP, which has a respectable market cap of $8.8 billion. But Tether’s journey to the figurative has not come without controversy, with fraught banking relationships leading to speculation of insolvency in 2018. The University of Texas then implied…
Read MoreTether dominance grows as market cap tops $10 billion
