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As noted by Kaiko analysts, Tether's USDT has so far been the | DEFI WORLD

As noted by Kaiko analysts, Tether's USDT has so far been the only Stablecoin that was able to recover its market capitalization after the events of May 2022. Recall that the collapse of the Terra LUNA ecosystem led to a serious collapse of the coin market.

Here is the corresponding chart of USDT capitalization over the last year.