Tether's USDT Dominates Crypto Market with $114B Market Cap Amid Controversy

Tether's USDT, a stablecoin with a market capitalization of $114 billion, has become a focal point in the cryptocurrency market. It is the most gas-consuming smart contract on the Tron DAO blockchain and is considered the largest stablecoin. Many users are converting their assets to USDT, emphasizing its stability in the volatile crypto market. However, it has also been described as a 'crime scene' by some critics.