Tether’s market share dips below 60% for first time since 2023

Tether’s share of the stablecoin market has dropped below 60% for the first time in more than two years, signaling a shift in an industry that continues to expand at unprecedented rates. Data from DeFiLlama shows the issuer’s market dominance fell to 59. source: https://cryptoslate.com/insights/tethers-market-share-dips-below-60-for-first-time-since-2023/