Tether surpasses $4 billion market cap ahead of court hearing in New York
According to data from Messari's Stablecoin Index Tether ($USDT) has reached a market capitalization of $4.04 billion, the highest since its inception. The new high comes just days before iFinex, the parent of Bitfinex and Tether, will be in a New York court to continue to address allegations from the New York Attorney General's Office.
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