Tether, the leading stablecoin issuer, has achieved a historic milestone with its USDT supply surpassing $160 billion — a record-breaking figure that underscores its dominant role in the digital asset ecosystem.
According to the official transparency report by Tether, this massive growth is primarily fueled by three major blockchains:
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Tron: $81 billion in circulation
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Ethereum: $74 billion
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Solana: $18 billion
This surge in supply reinforces Tether’s position as the most widely used stablecoin, with a 65% share of the global stablecoin market, according to CoinMarketCap data.
CEO Paolo Ardoino Highlights USDT’s Impact in Emerging Markets
Paolo Ardoino, CEO of Tether, celebrated the achievement, calling USDT the “digital dollar of emerging markets.” He emphasized that the stablecoin’s strength lies in its liquidity, stability, and cross-chain compatibility, making it a vital financial tool in regions with unstable local currencies.
He also confirmed that Tether will phase out support for inactive blockchains, allowing the company to concentrate its efforts on high-performing networks like Tron, Ethereum, and Solana.
Record Trading Volume and Market Impact
USDT’s market capitalization now stands at $160.29 billion, with its price maintaining the $1.00 peg. It recorded a 24-hour trading volume of $135.61 billion, illustrating its liquidity and utility across both centralized (CEX) and decentralized (DEX) platforms.
Major crypto exchanges like Binance have reportedly received over $1 billion in new USDT allocations, further solidifying Tether’s market grip.
USDT’s Strategic Shift and Regulatory Outlook
The CryptosNewss research team noted that Tether’s increasing holdings in U.S. Treasury reserves, alongside its focus on blockchain utility, may contribute to enhanced regulatory trust and transparency.
Historically, spikes in USDT supply have correlated with increased crypto market liquidity, often preceding bull cycles and higher trading volumes.
With Tether’s proactive approach to aligning with market demand and regulatory standards, its expanded supply could play a pivotal role in accelerating crypto adoption globally.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
