{"id":138053,"date":"2024-09-27T20:30:06","date_gmt":"2024-09-27T17:30:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138053"},"modified":"2024-09-27T17:31:59","modified_gmt":"2024-09-27T14:31:59","slug":"how-usdt-outpaces-competitors-in-the-stablecoin-race","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/","title":{"rendered":"How USDT Outpaces Competitors in the Stablecoin Race"},"content":{"rendered":"<p>As a dominant stablecoin, Tether has experienced significant growth, especially on alternative chains like <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/toncoin\/\">Toncoin<\/a><\/strong> and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/celo\/\">Celo<\/a><\/strong>, in addition to its main operations on <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tron\/\">TRON<\/a><\/strong>. Its total supply has now reached $119.34 billion, with an increase of 1 billion tokens in just the past month.<\/p>\n<p>While <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a><\/strong> focuses on the Base blockchain and compliance with EU regulations, Tether enables trading on decentralized exchanges (DEX) and streamlines payments across various platforms. Notably, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tether\/\">USDT\u2019s<\/a><\/strong> supply on Celo surged by over 68%, reaching $300 million. Toncoin has also become a key growth area for USDT, with over $668 million in value inflows and an anticipated supply increase of more than $700 million.<\/p>\n<p>The total supply of stablecoins has risen to approximately $164-$169 billion, recovering to pre-FTX crash levels in 2022, including a 5.15% increase in new tokens last quarter. While TRON and Ethereum saw stablecoin supply growth of about 3% to 4%, chains like Solana, Base, and Optimism experienced stronger expansions, with Celo leading at over 68%.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/could-pepe-be-ready-for-a-price-surge-this-analyst-thinks-so\/\" title=\"Could Pepe Be Ready for a Price Surge? This Analyst Thinks So\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/pepecoin-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Could Pepe Be Ready for a Price Surge? This Analyst Thinks So<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>USDT\u2019s applications vary by chain; on Celo, most transfers involve centralized exchanges, with wallet-to-wallet transactions totaling $1.5 million and $276.6 million for transfers from centralized exchanges.<\/p>\n<p>Only around $14 million went to decentralized financial (DeFi) applications, primarily on Uniswap. For Toncoin, USDT is utilized for gas fees, peer-to-peer payments, and supporting Telegram\u2019s advertising ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.<\/p>\n","protected":false},"author":7,"featured_media":105147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-138053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How USDT Outpaces Competitors in the Stablecoin Race<\/title>\n<meta name=\"description\" content=\"Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How USDT Outpaces Competitors in the Stablecoin Race\" \/>\n<meta property=\"og:description\" content=\"Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-27T17:30:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1120\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kosta Gushterov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kosta Gushterov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/\"},\"author\":{\"name\":\"Kosta Gushterov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a\"},\"headline\":\"How USDT Outpaces Competitors in the Stablecoin Race\",\"datePublished\":\"2024-09-27T17:30:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/\"},\"wordCount\":219,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png\",\"articleSection\":[\"Altcoins\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptodnes.bg\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/\",\"name\":\"How USDT Outpaces Competitors in the Stablecoin Race\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png\",\"datePublished\":\"2024-09-27T17:30:06+00:00\",\"description\":\"Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png\",\"width\":1600,\"height\":1120},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptodnes.bg\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How USDT Outpaces Competitors in the Stablecoin Race\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"CryptoDnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\",\"name\":\"CryptoDnes EN\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"caption\":\"CryptoDnes EN\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a\",\"name\":\"Kosta Gushterov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g\",\"caption\":\"Kosta Gushterov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/kosta-gushterov\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How USDT Outpaces Competitors in the Stablecoin Race","description":"Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/","og_locale":"en_US","og_type":"article","og_title":"How USDT Outpaces Competitors in the Stablecoin Race","og_description":"Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.","og_url":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/","og_site_name":"CryptoDnes EN","article_published_time":"2024-09-27T17:30:06+00:00","og_image":[{"width":1600,"height":1120,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png","type":"image\/png"}],"author":"Kosta Gushterov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kosta Gushterov","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#article","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/"},"author":{"name":"Kosta Gushterov","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a"},"headline":"How USDT Outpaces Competitors in the Stablecoin Race","datePublished":"2024-09-27T17:30:06+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/"},"wordCount":219,"commentCount":0,"publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png","articleSection":["Altcoins"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptodnes.bg\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/","url":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/","name":"How USDT Outpaces Competitors in the Stablecoin Race","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png","datePublished":"2024-09-27T17:30:06+00:00","description":"Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.","breadcrumb":{"@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/tetherusdt58.png","width":1600,"height":1120},{"@type":"BreadcrumbList","@id":"https:\/\/cryptodnes.bg\/en\/how-usdt-outpaces-competitors-in-the-stablecoin-race\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptodnes.bg\/en\/"},{"@type":"ListItem","position":2,"name":"How USDT Outpaces Competitors in the Stablecoin Race"}]},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"CryptoDnes EN","description":"Crypto News, Bitcoin Analysis and More","publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cryptodnes.bg\/en\/#organization","name":"CryptoDnes EN","url":"https:\/\/cryptodnes.bg\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","caption":"CryptoDnes EN"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a","name":"Kosta Gushterov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g","caption":"Kosta Gushterov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/kosta-gushterov\/"}]}},"modified_by":"Deyan Angelov","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/138053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=138053"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/138053\/revisions"}],"predecessor-version":[{"id":138054,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/138053\/revisions\/138054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/105147"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=138053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=138053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=138053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}