USDT Joins Bitcoin & Lightning Network, What’s Next?
2025-01-31
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Tether (USDT), the stablecoin with the highest trading volume, will soon be available on Bitcoin seen on the base layer of Bitcoin and Lightning Network. This development news is expected to help USDT to reach new heights, with its availability over Bitcoin. 
Bitcoin is one of the most credible cryptocurrencies in the market, and till press time it was holding a massive chunk of the market with 58.20 percent dominance.
This milestone will work in favor of both Bitcoin and Tether, the two toppers of the cryptocurrency market. Most recently it has also been reported that Tether has faced severe delisting in Europe following a regulatory tussle in the region. 
According to on-chain data, a major selling pressure of USDT was observed from January 25 to January 28, yet the recent announcement of the availability of USDT over Bitcoin has helped to lure more traders in green as per the information on the chain.Will USDT surpass XRP and Ether in terms of market capitalization? 
In the past few years, the adoption and usage of Tether have reached a greater height and it is 3x bigger than its close rival USDC, which stands at $52.59 billion in market capitalization making it 7th biggest crypto in the market. 
It is crucial to note the list of cryptocurrencies with the highest market capitalization has been ruled by Bitcoin with $2.07 trillion in market capitalization followed by Ethereum having a market capitalization of $393.63 billion, XRP with more than $176 billion, and USDT holds $139.41 billion as market capitalization.
Tether is top of the list in terms of trading volume, but its market capitalization is still far away from the cap of Ethereum, Bitcoin, and XRP, to reach that milestone USDT needs more improved techniques to develop curiosity among investors for long-term investment. 
Tether also successfully surpassed its previous milestone with new ones, at the top of the list of cryptocurrencies which topped in 2024. It is also important to note that USDT is one of the most preferred cryptos used by bad actors in either funding illicit activities, terror funding, money laundering, and several others. 
In the past quarters, the market has experienced several ups and downs, with Bitcoin succeeding in acquiring a new all-time high above the mark of $108k. Crypto market price updates
When writing the cryptocurrency market capitalization was at $3.56 trillion and at the same time the trading volume was $99.89 billion with a loss of 23.23 percent. 
Bitcoin the oldest crypto of the market lost around 1 percent of its trading prices and when writing it was trading at $104,496 and its trading volume has reached $37.27 billion with a decline of 30 percent 
The intraday gainer’s list has been ruled by Jamsy Coin, Arweave, Mantra, DeXe, Mantle, Lido DAO, Flare and Curve. On the other hand, the top losers were Onyxcoin, Jupiter, Official Trump, and Move tokens. 
According to CoinMarketCap, the list of most trending cryptocurrencies has been led by XRP, followed by Do Your Own Research, Dogwifhat, Alchemy Pay, Move, Jupiter, Pudgy Penguins, and Bittensor.