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Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals – DIGIT INFO

Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals

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Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin.

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