The biggest and most established global hub for everything crypto, blockchain and Web3.Rating agency S&P 500 said regulatory clarity could bring banks into the stablecoin market.
Tether holders, with an industry-leading market cap of $114.07 billion, accounted for just over 80% of the total stablecoin addresses, followed by USDC and BUSD.The tally of the so-called holding addresses increased even during the 2022 crypto bear market. The Fed raised interest rates rapidly in 2022,for the U.S. dollar and greenback-equivalents like the dollar-pegged cryptocurrencies.
Details show that nearly 20 million, or 77% of those addresses, were based on TRON and Binance Smart Chain , largely representing retail investor participation.
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