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USDT Tether supply edges toward 90 billion with potential influence on Bitcoin prices

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USDT Tether experiences a 4 billion surge in circulating supply, echoing trends in Bitcoin's valuation.

James Van Straten

Dec. 5, 2023 at 12:30 pm UTC

1 min read

Updated: Dec. 5, 2023 at 12:28 pm UTC

Bitcoin BTC (24h)

$87,739.83 +0.41%

Vol: $13.8B MCap: $1.75T

Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.

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Tether USDT (24h)

$0.99927 +0.01%

Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.

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Tether Limited

Stablecoin Issuer • Asia

Tether Limited is the issuer of Tether’s family of fiat-pegged stablecoins, most notably USD₮ (commonly referred to as USDT), the largest U.S.

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