Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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