✉news BusinessCrypto first seen 12 h ago, last 34 min ago, peak #14
Tether to bring $190 billion USDT back to Bitcoin network
Original: Tether’s $190 billion USDT stablecoin is coming back to the Bitcoin network this month
Tether is relaunching its USDT stablecoin, currently valued at roughly $190 billion in circulation, on the Bitcoin network this month, according to CoinDesk. The move would once again let users issue and transfer the dollar-pegged token directly on Bitcoin's base layer, years after issuers largely concentrated on Ethereum and Tron. Crypto observers are weighing what renewed Bitcoin support means for transaction fees, network activity and competition among stablecoin chains.
Why now: Tether's size and the shift toward the Bitcoin network are major news for the crypto market
Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 34 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/749133