Tether Price Chart — USDT USD — TradingView

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Tether's (USDT) market cap is reported to be $130 billion, making it the fourth-largest cryptocurrency, just $8 billion ahead of Solana (SOL), which has a market cap of over $123 billion.

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About Tether

Tether operates the biggest stablecoin in the crypto industry — USDT. It’s sometimes described as the backbone of the industry, facilitating swaps between the dollar-tied stablecoin and highly volatile cryptocurrencies. Its main competitor takes the form of Circle’s USDC, which has recently been catching up on USDT by market cap. For now however, USDT is still the dominant force in the stablecoin space.

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Stablecoins: Strong, stable, and fully decentralized. Ish.

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