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Tether prints 100 billionth USDT

Monday registered an all-time market cap high for bitcoin, thanks to its near record high price, plus 27 months of fresh supply issuance since last cycle’s peak. 

But Bitcoin wasn’t the only crypto setting records.

Tether’s USDT stablecoin finally cracked its ninth zero, and is now sitting at a circulating supply of 100,044,694,548 tethers. That’s more than 3.4x the market cap of the number two stablecoin, Circle’s USDC.

Read more: Tether prints $10B in 3 months, nears exclusive $100B crypto club

On 24-hour volume basis, tether is nearly five times bigger than its nearest rival FDUSD, which almost exclusively greases trading liquidity on the Binance exchange, per…

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