New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics
02 May 2024 - 8:01AM
The Daily Hodl
Market intelligence platform Kaiko Analytics reports that new
competitors are chipping away at Tether’s (USDT) stablecoin
dominance. In a new report titled “Tether Loses Market Share,”
Kaiko Analytics says that the stablecoin issuer’s market share over
centralized exchange platforms (CEXs) has dipped 13% year-to-date
(YTD) due to the growth of rival dollar-pegged digital assets, such
[…]
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New Competitors Eating Away At Tether’s USDT Stablecoin Dominance:
Kaiko Analytics appeared first on The Daily Hodl.
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