Tether Hits $10B Milestone – Now Rivaling Central Banks in Scale
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Tether’s market cap surges past $10 billion—putting the stablecoin issuer in the same league as some national monetary authorities.
How a ‘digital dollar’ outgrew its skeptics
Once dismissed as a fringe asset, USDT now moves more daily volume than many sovereign currencies. The irony? It achieved this without a single brick-and-mortar branch—just pure algorithmic demand and crypto’s unrelenting thirst for liquidity.
Wall Street’s reaction? A mix of awe and existential dread. After all, when a ‘magic internet dollar’ cuts settlement times from days to seconds, even the Fed starts sweating.
Bonus jab: Meanwhile, traditional banks still charge $25 for wire transfers that take three business days. Progress, huh?
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