How much is Usdt in the market?

Over the past 24 hours, the trading volume of Tether has witnessed a substantial surge, amounting to A$37,051,420,223.74. This remarkable increase, clocking in at 33.67%, underscores the heightened interest and activity surrounding the stablecoin.

The present valuation of Tether stands at A$1.47 per USDT, indicating a stable and consistent market position. This figure reflects the trust and adoption the cryptocurrency has garnered within the digital asset space.

The circulating supply of Tether, currently standing at 118,891,598,050.372 USDT, underscores its widespread availability and accessibility to investors worldwide. This vast supply underscores Tether's role as a stablecoin, facilitating seamless transactions and minimizing volatility.

With a total market capitalization of A$174,437,290,377.04, Tether's economic clout is undeniable. It signifies the collective value of all Tether tokens in circulation, highlighting its significant presence in the cryptocurrency market.

The escalated trading activity could be attributed to various factors, including increased adoption by institutional investors, growing retail interest, and market sentiment favoring stability over volatility.