June 9, 2026

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Tether Market Cap Goes Sub-$2 Billion as Coinbase Stablecoin Steals the Show

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Tether Market Cap Goes Sub-$2 Billion as Coinbase Stablecoin Steals the Show

Tether (USDT), the controversial USD-backed cryptocurrency that has long been the most popular “stablecoin,” continues to shed market share in the wake of its descent below dollar parity. Tether Market Cap Drops to January Low The tether token, which as recently as Oct. 9 had a market cap of $2.8 billion, now has a total

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