Tether's market cap targets record high after regaining 65% dominance over stablecoins
Tether's market cap is nearly $1 billion away from hitting a new lifetime high as rival stablecoins crest debate.
![Tether market cap eye record after regaining 65 % stablecoin dominance](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/f956c8fc-bcd0-4e3e-b48d-be622a941bcd.jpg)
![Tether's market cap targets record high after regaining 65% dominance over stablecoins](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDQvZjk1NmM4ZmMtYmNkMC00ZTNlLWI0OGQtYmU2MjJhOTQxYmNkLmpwZw==.jpg?#)
Tether's market cap is nearly $1 billion away from hitting a new lifetime high as rival stablecoins crest debate.
![Tether market cap eye record after regaining 65 % stablecoin dominance](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/f956c8fc-bcd0-4e3e-b48d-be622a941bcd.jpg)
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