Stablecoin USDT Breaks into Top 5 Most Traded Cryptocurrencies
The stablecoin USDT ($1.00 · Live) has entered the top 5 of most traded cryptocurrencies for the first time, taking third place behind Bitcoin and Ethereum.
This milestone is not a surprise, as the trend of increased adoption of stablecoins began in 2024 when USDT reached the top 3 by trading volume.
Fabrício Tota, VP of Crypto Business at Mercado Bitcoin, notes that 'the movement towards stablecoins did not start now. It started with institutional clients, which usually anticipate trends, and only in the first half of this year began to reflect also in the behavior of retail investors.'