Tether, a dollar-based stablecoin (USDT), has a market capitalization of over $120 billion. It is one of the most popular “cryptocurrencies” in the world, only topped by Bitcoin and Ether in total value. The stablecoin was launched ten years ago this October and has become the most popular stablecoin in use. Circle’s USDC is the second-largest stablecoin in use. While stablecoins are mostly used for on/off ramping from crypto trading – creating a space where
