Interesting fact. According to the Token Terminal platform, over the past two years, the market share of Tether (USDT) has grown by more than 20%. The asset now controls 75% of the entire stablecoin market. In mid-August 2024, the USDT balance on cryptocurrency exchanges reached a record high of 20.33 billion. Tether management plans to double the number of employees in order to pay more attention to compliance with regulatory requirements in different jurisdictions. 
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Fascinating insights into the rise of Tether! The significant market share growth and regulatory focus highlight USDT's influence in the stablecoin market.