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With the high temperature of Stablecoin, Tether’s USDT reaches the maximum market of $ 150 billion


UTETAR Usdt (USDTThe market value exceeded $ 150 billion for the first time on May 12, which represents a new milestone amid the increasing Stablecoin.

The USDT trading show expanded by more than 36 % last year, with growth accelerated in November after US President Donald Trump was elected.

Growth in the Usdt market over the past year. source: Coinmarketcap

In the current offer, Tether represents 61 % of the StableCoin global market, according to Coinmarketca data. Followed by USDC Circle (USDC), Which represents approximately 25 % of the Stablecoin market.

As the largest stablecoin in the world, Tether is widely seen as a measure of demand for encrypted currency, given its main role in providing liquidity and financing for encryption trading.

The rope is part of a wider direction towards the digital Fiat currencies, with Modern data from sand dunes and artemis He explains that the number of Stablecoin’s active portfolios has increased more than 50 % during the past year, from 19.6 million to 30 million.

Related to: $ 1T Stablecoin Supper

Restart our eyes

Despite its great presence in the world, the use of Tether is restricted in the United States, which is now a state at the forefront of profitable legislation.

Against this background, tether He plans to enter the United States With a new dollar -backed Stablecooin later this year.

“Stablecoin will be locally different from Stablecoin International,” according to what was reported, CEO of Tether, Paulo Erdino He said On the sidelines of the Token2049 conference in Dubai, United Arab Emirates.

According to the CNBC report, Tether increases pressure efforts in Washington as American lawmakers consider many bills related to Stablecoin, including Stable workIt was presented by the Chairman of the Financial Services Committee in the House of Representatives, Chairman of the Sub -Committee for Digital Assets, Chairman of the Sub -Committee for Digital Assets.

Former CFTC president Timothy Masad presents notes at the Parliament Committee meeting February 11. source: Financial services Republican Party

However, the stable verb has drawn criticism. like It was mentioned by CointelegraphThe head of the futures trading committee in the previous commodity, Timothy Masad, argued that the draft law will only do a few to curb the size.

Speaking during February 11, Masad said that the proposal indicates “a great danger from the criteria of the weak state” and suffers from an “insufficient review process”, with reference to “the continuing federal supervision of state exporters.”

Related to: Comparison American encryption bills: a stable law against the law of genius