Tether: the daily trading volumes exceed the combined total of Bitcoin and Ethereum – The Cryptonomist
Tether’s daily trading volumes have consistently been on the rise, surpassing not only Bitcoin and Ethereum, but also other major cryptocurrencies.
The increased trading volumes for Tether indicate a growing demand for stablecoins in the cryptocurrency market, as traders seek a more stable and reliable asset to trade with. Additionally, Tether’s widespread adoption in the crypto industry has further contributed to its rising trading volumes.
Overall, Tether’s dominance in daily trading volumes is a clear indication of its importance and relevance in the cryptocurrency market. As the demand for stablecoins continues to grow, Tether is poised to maintain its position as one of the leading stablecoins in the industry.
