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Data: USDT market cap increased 34 times compared to 2020, on-chain trading volume grew 74 times

Summary: According to reports, Tether CEO Paolo Ardoino posted on social media that the market cap of USDT has increased 34 times compared to 2020 (from $4.7 billion to $160 billion), on-chain trading volume grew 74 times (from $14.8 billion per month to $1.1 trillion per month), and user base increased 160 times (from 2.8 million ...

According to reports, Tether CEO Paolo Ardoino posted on social media that the market cap of USDT has increased 34 times compared to 2020 (from $4.7 billion to $160 billion), on-chain trading volume grew 74 times (from $14.8 billion per month to $1.1 trillion per month), and user base increased 160 times (from 2.8 million to 450 million).

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