🆕📊 New @Tether_to dashboard now featured on the Discover page! Overview: 1) Tether continues to grow market share 2) Tether is among the best businesses in the industry, based on revenue & profit 3) Tether continues to diversify its chain exposure & revenue streams 4) Tether is seeing rapid growth, especially on @trondao and @ethereum 🧵👇
Tether has ~65% market share in the stablecoin market Based on outstanding stablecoin supply
Tether has ~28% market share in the stablecoin market Based on quarterly stablecoin transfer volume
Tether generates ~$5.0 billion in revenue (annualized) Based on the reserve income earned on the collateral that backs its stablecoin supply
Tether is the top revenue-generating business in the market Based on 30d revenue
Tether has tokenized over $800 million worth of gold on Ethereum XAUT serves users that want to access a non-fiat store of value onchain
Tether's USDT on TRON has surpassed $80 billion in outstanding supply The daily transfer volume for USDT on TRON averages $30 billion
Tether's USDT on Ethereum has surpassed $70 billion in outstanding supply The daily transfer volume for USDT on Ethereum averages $10 billion
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