{"id":32497,"date":"2020-11-28T09:48:00","date_gmt":"2020-11-28T07:48:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32497"},"modified":"2025-08-28T08:57:55","modified_gmt":"2025-08-28T05:57:55","slug":"tether-stablecoin-market-capitalization-nears-20-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tether-stablecoin-market-capitalization-nears-20-billion\/","title":{"rendered":"Tether stablecoin market capitalization nears $20 billion"},"content":{"rendered":"

The circulating market capitalization of Tether’s stablecoins (USDT) reached $19.4 billion. Messari data indicate.<\/p>\n

The capitalization of the stablecoin USDC stands at $2.91 billion. The third-most popular stablecoin, DAI, sits at $1.08 billion.<\/p>\n

\"Tether<\/p>\n

Data: Messari<\/a>.<\/p>\n<\/div>\n

Since 2019, the supply of USDT on Ethereum (ERC-20) has grown rapidly. The number of tokens on the Tron-based tokens is gradually increasing as well. In parallel, the supply of Tether on the Omni protocol, originally serving as the technological backbone of the stablecoin, is decreasing.<\/p>\n

\"Tether<\/p>\n

Data: Coin Metrics<\/a>.<\/p>\n<\/div>\n

Since the start of the year, the circulating supply of USDT has grown 4.4-fold. At current capitalization, Tether ranks fourth in lists such as CoinMarketCap or CoinGecko, trailing only Bitcoin ($315 billion), Ethereum ($58.3 billion) and XRP ($24 billion).<\/p>\n

The total market capitalization of popular stablecoins stands at nearly $25 billion \u2014 about 4.85% of the total cryptoasset market capitalization ($515 billion, according to CoinGecko<\/a>).<\/p>\n

In September, Tether’s market capitalization surpassed<\/a> $15 billion.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog FEED<\/a> \u2014 full news feed, ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"

The circulating market capitalization of Tether’s stablecoins (USDT) reached $19.4 billion. Messari data indicate.<\/p>\n","protected":false},"author":1,"featured_media":32498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,807,1245],"class_list":["post-32497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-stablecoins","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=32497"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32497\/revisions"}],"predecessor-version":[{"id":32499,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32497\/revisions\/32499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/32498"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=32497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=32497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=32497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}