Tether supply on Solana is over $2bn for the first time. Hope to see it keep growing, especially as this industry reshapes itself. There’s real value in assets like USDT that have clear utility and strong network effects, where every new participant adds to the value of the whole. It’ll be increasingly interesting to see the strategies behind other stablecoin issuers who are chasing similar utility and aiming to challenge USDT’s position.
as always, thank you team @artemis for the data 🙏
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