Tether’s market valuation exceeds $10B 

Since the beginning of 2020, the market capitalization of dollar-pegged cryptocurrency Tether (USDT) has spiked by 144% and exceeded $10 billion. 

According to the data provided by the cryptocurrency analytical service Messari, the Tether is the third-largest cryptocurrency with a market cap of more than $10 billion. 

In early 2020, the market valuation of the cryptocurrency was $4.1 billion.