CryptoNeutralBlockonomi · 10h ago6/10
⛓️
Tether’s USAT Stablecoin Surges 540% in April Amid Institutional Adoption
Tether's USAT stablecoin experienced explosive 540% growth in April, reaching $140.8M in market capitalization driven by institutional adoption. Despite this significant surge, USAT remains substantially smaller than competing stablecoins like USDC, PYUSD, and RLUSD, indicating it still faces considerable barriers to mainstream institutional adoption.