Tether USDT Market Cap Soars to New All-Time High as Binance CEO Reacts

The United States-dollar-backed stablecoin Tether (USDT) has hit an all-time high in its market capitalization based on existing market data, marking a significant milestone in the cryptocurrency world. According to Odaily, Tether's USDT, a prominent dollar-pegged stablecoin, has achieved a significant milestone by surpassing a market capitalization of $140 billion.

Specifically, the Tether USDT market cap has reached its new ATH. As it neared the milestone in recent days, the Tether USDT market cap has officially reached a new milestone, surpassing $84 million. This surge highlights the continued demand for USDT as a stable and reliable medium of exchange within the digital asset ecosystem.

However, this achievement saw a swift response from Binance CEO Changpeng Zhao, often referred to as CZ. His comments come amid ongoing discussions about stablecoin regulation and the competitive landscape.

El CEO de Binance dijo que BUSD, una stablecoin totalmente regulada, fue limitada por el Departamento de Servicios Financieros de Nueva York (NYDFS) a USD 23,000 millones y actualmente tiene According to Odaily, Tether's USDT, a prominent dollar-pegged stablecoin, has achieved a significant milestone by surpassing a market capitalization of $140 billion. O CEO da Binance disse que o BUSD, uma stablecoin totalmente regulamentada, foi limitado pelo Departamento de Serviços Financeiros de Nova York, offering context to the current stablecoin market dynamics and challenges faced by other regulated stablecoins.

This ATH for Tether's USDT underscores its dominance in the stablecoin space and sparks further debate on the future of digital currencies and regulatory frameworks. Stay tuned for more updates as the situation unfolds.