In a significant development in the cryptocurrency market, the Trump family-backed stablecoin USDt has seen unprecedented growth on the BNB Chain.
According to data from CryptoRank, USDt's market capitalization has surpassed $2 billion, catapulting it to the second-largest stablecoin globally, just behind Tether (USDT).
This surge underscores the growing demand for stablecoins in the digital asset ecosystem and highlights USDt's increasing adoption on the BNB Chain.
As the cryptocurrency landscape continues to evolve, USDt's ascendance could have far-reaching implications for the market, potentially reshaping the stablecoin hierarchy and influencing future trends.