By understanding Tether dominance, investors and analysts can gain insights into the market's reliance on this particular stablecoin.
Was this helpful?
202
68
CryptoKnightThu Apr 10 2025
Tether dominance is a crucial indicator in the realm of cryptocurrencies.
Was this helpful?
208
73
KDramaCharmThu Apr 10 2025
It measures the proportion of the entire cryptocurrency market capitalization that is attributed to Tether (USDT), a stablecoin widely used in the industry.
Was this helpful?
170
54
ClaudioWed Apr 09 2025
A high Tether dominance could suggest that a significant portion of the market is using USDT as a means of value storage or as a medium of exchange.
Was this helpful?
177
97
MartinaWed Apr 09 2025
On the other hand, a low Tether dominance might indicate that other stablecoins or cryptocurrencies are gaining popularity and market share.