USDT stable currency market share rose to 49.24%, the highest level since November 2021

01/29 09:10

According to Defillama data, the USDT stablecoin market share has risen to 49.24%, the highest level since November 2021. The USDC market share is about 31.05%, and BUSD is 11.52%. The top three USD stablecoins control the current stablecoin market share of 92%. According to the CryptoCompare Stablecoin Report, as of January 2023, the total market value of stablecoins has fallen for 10 consecutive months, and is currently about $137 billion, of which USDT rose slightly by 0.82% to $66.7 billion, while its main competitors USDC and BUSD The market value fell by 2.27% and 3.97%, respectively, to $43.1 billion and $16.1 billion.

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