Tether (USDT) is still the stablecoin of choice for most crypto traders. Despite criticism about Tether, Inc. not having complete fiat backing, as well as the banking troubles of iFinex, the coin is still widely used. USDT Keeps Market Share Despite Alternative Stablecoins The market share of USDT remains above 97%, even as more stablecoins aim to challenge the asset’s position. But it turned out that fully fiat-backed stablecoins are used as a fiat off-ramp,

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