USDT market cap hits a record $160 billion, reflecting rapid global adoption as a digital dollar for emerging economies and cross-border use.
Orca will launch a new Launchpad with bot-resistant features to prioritize real users, aiming to improve fairness in token distributions.
Aethir and Credible launch the first DePIN credit card, allowing users to access stablecoin loans without selling staked ATH tokens.
USDT MARKET CAP SURPASSES $160 BILLION, SETS NEW RECORD HIGH
Tether CEO Paolo Ardoino announced on X that USDT’s market capitalization has surpassed $160 billion, marking a new all-time high. He emphasized USDT’s role as a “digital dollar” serving billions across emerging and developing economies.
Since 2020, USDT’s market cap has grown 34x (from $4.7B to $160B), monthly on-chain volume rose 74x (from $14.8B to $1.1T), and user count surged 160x (from 2.8M to 450M).
Analysis:
USDT’s record-high market cap highlights the increasing global importance of stablecoins. Positioned as a digital dollar for underserved markets, USDT has driven cross-border payments and financial inclusion.
Its exponential growth over the past five years illustrates widespread adoption. Looking forward, with continued blockchain innovation and regulatory clarity, USDT is well-positioned to expand into sectors such as international remittances and cross-border e-commerce.
ORCA TO LAUNCH FAIRER LAUNCHPAD IN LATE JULY OR EARLY AUGUST
Solana-based liquidity protocol Orca is planning to launch its new Launchpad product in late July or early August, according to Blockworks journalist Jack Kubinec.
The key innovation is a mechanism designed to give real users priority access over bots during token launches, aiming to enhance fairness and user experience.
Analysis:
Orca’s upcoming Launchpad represents a significant step forward in fair token distribution on Solana. Its user-first design improves trust and participation, strengthening Orca’s position as a core liquidity hub.
This initiative could attract more projects and investors to Solana. If successful, the mechanism may serve as a model for other blockchain ecosystems—though long-term success will depend on addressing technical hurdles and ensuring compliance.
AETHIR PARTNERS WITH CREDIBLE TO LAUNCH FIRST DePIN CREDIT CARD
Decentralized GPU cloud platform Aethir has partnered with lending protocol Credible Finance to launch the first DePIN credit card and loan product.
ATH token holders can stake their tokens to receive stablecoin credit lines without liquidating their holdings. Solana users can spend ATH or stablecoins via prepaid cards linked to the network.
Analysis:
This partnership bridges decentralized finance and real-world utility, enhancing ATH token usability and liquidity. The DePIN credit card enables consumers to access credit without selling their crypto, boosting user flexibility on Solana.
This move could drive greater adoption of Aethir’s GPU network while inspiring other DeFi protocols to link on-chain assets to real-world spending. However, credit risk and regulatory compliance remain key challenges for sustainable growth.
〈CoinRank Crypto Digest (7/17)｜USDT Market Cap Surpasses $160 Billion〉這篇文章最早發佈於《CoinRank》。
