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Tether's Market Share Falls Below 60% for First Time Since 2023
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StablecoinsCryptocurrency
Updated 16 hours ago

Tether's Market Share Falls Below 60% for First Time Since 2023

Tether's market share of stablecoins has dropped below 60% for the first time since 2023, now standing at 59.55%. This decline reflects increasing competition and regulatory challenges within the stablecoin industry, marking a significant shift in market dynamics.

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Tether’s grip on stablecoins slips below 60% for first time since 2023
NegativeCryptocurrency
Tether's market share of stablecoins has dropped below 60% for the first time since 2023, facing increasing competition and regulatory challenges.
Tether’s market share dips below 60% for first time since 2023
NegativeCryptocurrency
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.

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