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Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance

Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance
 
Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on-chain analytics firm Nansen....
Read More: Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance

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