🤑 Tether & Circle’s $4.5B Stablecoin Bonanza: Market’s Lifeline or Crypto’s Fool’s Gold? 🤑
This latest minting shindig pushes Tether’s total to $3 billion in less than a week-faster than a hound dog on a rabbit trail. That’s enough to make it the belle of the stablecoin ball, with dominance spiking to 5.5% during the sell-off, its highest since April. Seems traders were fleeing risk assets like they were yesterday’s news. Since then, it’s cooled to 4.7%, but folks are still watching Tether like a hawk eyeing a field mouse. 🦉








