Tether’s USDT gains 1.6M holders in past week, outpacing USDC by nearly 3x

Tether's USDT gained 1.6 million holders in the past week, outpacing USDC by nearly 3x. This expansion amid a cooling stablecoin market highlights Tether's role in providing liquidity in emerging economies. The growing user base underscores USDT's dominance and its importance in facilitating transactions where traditional banking is limited.