Express

Tether Is Catching Up With BTC And ETH As A Form Of Payment

Ramsey Baker

Summary: Some analysts see Tether (USDT) catching up with both Bitcoin (BTC) and Ether (ETH) as a payment method, according to Bloomberg. CoinPayments, the cryptocurrency payments processor, has registered a rapid increase in the popularity of Tether, the USD backed stablecoin, as a form of payment. Tether accounts for 30% of the volume on the site, ...

Some analysts see Tether (USDT) catching up with both Bitcoin (BTC) and Ether (ETH) as a payment method, according to Bloomberg.

CoinPayments, the cryptocurrency payments processor, has registered a rapid increase in the popularity of Tether, the USD backed stablecoin, as a form of payment. Tether accounts for 30% of the volume on the site, which currently has 2.4 million users. This volume is 30 times more than what Tether did more than a year ago.

By Ramsey Baker

Last Update:

Tags: ,,,,
Link: Tether Is Catching Up With BTC And ETH As A Form Of Payment   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.