According to The Block Research, Currently, Tether participates in 70% of trade transactions on cryptoci.
At the beginning of 2017, Bitcoin was leading on this indicator, which was then present in each second pair. Now the share of the first cryptocurrency decreased to 15%. In popularity, TETHER significantly exceeds all other stelumes, which are present only in 4% of shopping pairs.
One of the reasons for changing the analytics paradigm is called the growth of the stock exchanges that allow customers to use TETHER as a collateral, including Binance, Okex, Huobi.
This year also has a massive closure of cryptocurrency trading platforms. In the first 10 months, at least 75 exchanges stopped working.
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