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January 6, 2025

Tether Reclaims Third Spot from XRP as Compliance Issues Diminish

Tether (USDT), the leading stablecoin by trading volume, has regained its status as the third-largest digital asset by market capitalization. Recently, it surpassed XRP following an addition of $0.6 billion to its market cap in just a few days. This shift illustrates the changing dynamics within the cryptocurrency market, where USDT’s growing dominance indicates investor confidence. As regulatory concerns diminish, Tether continues to assert its position as a staple in trading, reflecting broader trends occurring across the crypto landscape. Analysts will continue to monitor the market capitalization developments closely as they unfold.

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