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Tether reaches all-time high market cap and expands presence in Georgia

Tether, the leading stablecoin issuer, has recently made significant strides in the crypto market, reaching new milestones and expanding its presence in Georgia. After experiencing a setback of approximately $20 billion following the collapse of algorithmic competitor TerraUSD over a year ago, Tether’s USDT stablecoin has successfully regained its lost market value. The circulating supply of this highly traded digital asset has surpassed its previous record of $83.2 billion, establishing a new all-time high. USDT currently boasts a market cap of $83 billion and a 24-hour trading volume of $11 billion, as per CoinGecko data.

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