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Data: USDT Market Cap Grew 34x Since 2020, On-chain Transaction Volume Increased 74x
BlockBeats News, July 17th, Tether's CEO Paolo Ardoino posted on social media stating that the market capitalization of USDT has grown 34 times since 2020 (from $4.7 billion to $160 billion), on-chain transaction volume has grown 74 times (from $14.8 billion per month to $1.1 trillion per month), and the number of users has grown 160 times (from 2.8 million to 450 million).
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