Home/ Industry / Tether Is Winning Stablecoin Battle Despite Looming Risks

Back

Tether Is Winning Stablecoin Battle Despite Looming Risks

wsj

3 min read The Wall Street Journal 27 Mar 2023, 04:32 PM IST

Stablecoin’s value has risen by more than $5 billion in past two weeks

An illustration picture taken in London on May 8, 2022, shows gold plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged beside a screen displaying a trading chart. (AFP) — An illustration picture taken in London on May 8, 2022, shows gold plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged beside a screen displaying a trading chart. (AFP)

Tether is continuing to extend its lead in the battle for the stablecoin market. However, its growth isn’t without controversy.

×

Get alerts on WhatsApp

Set Preferences My Reads Watchlist Feedback Redeem a Gift Card Logout