USDT Market Cap Surpasses $160 Billion, with 24-hour Trading Volume Exceeding $130 Billion

BlockBeats News, July 16th, according to Coingecko data, USDT's market cap has exceeded $160 billion, with a 24-hour trading volume of over $130 billion.

Tether's Chief Technology Officer, Paolo Ardoino, stated that USDT's market cap reaching a new high signifies its unparalleled utility as a digital dollar for billions of people in emerging markets and developing countries.