USDT market capitalization surpasses 180 billion USD, a record high achieved after a 3 billion USD increase in the last week

As of October 13, the market capitalization of USDT, a stablecoin by Tether, has hit 180.05 billion USD, showing substantial growth. The increase of about 3 billion USD in just one week indicates a strong upward trend, underlining USDT’s dominance in the stablecoin market.