Tether Generated $5.3 Billion in Revenue Over the Past Year, Dwarfing Every Other Crypto Project by a Wide Margin
The crypto industry’s revenue leaderboard over the past 365 days reveals a hierarchy that cuts against the narrative that decentralized protocols and on-chain applications are the primary economic engines of the ecosystem. According to Token Terminal data tracking 238 projects, the two largest revenue generators are not blockchain networks or DeFi protocols. They are stablecoin […] The post Tether Generated $5
USDT
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