Dominance of Tether’s USDT Is Rising Among Stablecoins: Data

Earlier this week, USDT’s market share among stablecoins surpassed 54%, data from CoinGecko shows. This is the largest market share Tether’s stablecoin has reached since late November 2021, after the crypto bull market reached its apex. Crypto Critics' Corner co-host Bennett Tomlin discusses the outlook for stablecoins and reacts to the Wall Street Journal report that alleges Tether accessed bank accounts by way of falsified documents and intermediaries.