On CoinGecko, we are seeing USDT circulation reaching 9 billion. This puts the market capitalization for Tether at over $9 billion, position #3 after Bitcoin and Ethereum.
Interest return from earning USDT via lending seem to be around 5%, which is relatively high compared to other popular stablecoins such as USDC and DAI. This is likely due to Tether enjoying high demand and liquidity on exchanges.
and the money printers keep printing baby, even crypto is not immune to the money printing of the tether cartel! Those returns on the stable coin do look juicy though, may have to throw a few bucks that way with celsius