Global: Tether Transaction Volume at All-Time High Despite Controversy

ethereum World News

Despite stirring controversy over the last year and a half, the ninth largest cryptocurrency by market capitalization Tether has achieved an all time high in daily transaction volume. USDT, which holds a market cap of $2.04 billion, is now second in daily transaction volume behind Bitcoin. According to data published on CoinMarketCap, Tether daily transactions hit an all time high of 38,150 on Mar. 31, worth $9.4 billion in trading volume, compared to first place Bitcoin at $10.2 billion.

image via Shutterstock

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