There is no doubt that stablecoins have become a desirable asset in cryptocurrency markets. From Goldman Sachs to the Winklevoss twins, people within the industry and outsiders who are looking in, have been trying to create, market and gain a user base for their own stablecoin. But just like Bitcoin, it seems like the first mover advantage is hard to overcome. That is why USDT, more commonly known as Tether, remains the most widely used stablecoin out there.
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