Tether loses ground, market share shrinks to 74%
Tether's USDT stablecoin’s market share on centralized exchanges (CEXs) has decreased from 82% to 74% in 2024. This decline in dominance highlights the growing competition in the stablecoin market and the potential regulatory challenges facing Tether.
Tether's USDT stablecoin’s market share on centralized exchanges (CEXs) has decreased from 82% to 74% in 2024. This decline in dominance highlights the growing competition in the stablecoin market and the potential regulatory challenges facing Tether.
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