Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy's Contraction
April 18, 2023
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year ago, in May 2022.
Tether Supply Is Nearing Its All-Time High
The stablecoin market has and is currently…