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Tether’s market share dips below 60% for first time since 2023

CryptoSlateFriday, August 29, 2025 at 3:46:50 PM
NegativeCryptocurrency
Tether’s market share dips below 60% for first time since 2023
Tether's market share has fallen below 60% for the first time in over two years, indicating a significant shift in the stablecoin industry. According to DeFiLlama, Tether's dominance is now at 59.55%, the lowest since March 2023.
Editor’s Note: This decline in Tether's market share is important as it reflects changing dynamics in the stablecoin market, which is rapidly evolving. A decrease in dominance could impact investor confidence and the overall stability of the crypto market.
— Curated by the World Pulse Now AI Editorial System
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