Tether’s Market Cap Reaches $150 Billion
On May 12, 2025, Tether reached a significant milestone with its market capitalization surpassing $150 billion. This 36% year-over-year growth signals increasing confidence among crypto users and institutions in stablecoins as reliable liquidity solutions.
The number of active wallets surged from 19.6 million to 30 million, highlighting USDT’s growing integration into everyday transactions.
This growth is driven by ongoing crypto market volatility, prompting users to seek stable digital assets for cross-border transfers and decentralized platform trading.
Tether now dominates 61% of the global stablecoin market, well ahead of Circle’s USDC, which holds nearly 25%.
Tether’s leadership is further solidified by plans to launch a dollar-backed stablecoin targeting the US market, aiming to navigate regulatory challenges that restrict USDT in certain areas.
