$USDT Market Cap Crosses $160 Billion Milestone as #Tether Dominates Stablecoin Market
Tether's
$USDT has reached a record-breaking $160 billion market cap, cementing its position as the world's dominant #stablecoin.
CEO Paolo Ardoino called it a "mind-blowing milestone" that demonstrates #USDT's utility for billions in emerging markets.
The achievement follows Tether's strong Q1 performance with over $1 billion in operating profit from U.S. Treasury holdings.
#Tron now hosts $81 billion worth of
$USDT compared to Ethereum's $65 billion, with lower fees driving adoption in developing countries.
Analysts at Bernstein predict the total stablecoin market could grow 16x to $4 trillion over the next decade.
Despite regulatory headwinds, Tether is expected to maintain approximately 65% market share while Circle's
$USDC captures around 30%.
The company holds over $127 billion in U.S. Treasurys, making it the 18th-largest holder globally alongside sovereign nations.
Tether's team of under 200 employees generated $13 billion profit in 2024 while expanding into AI, telecommunications, and
$BTC mining.
