USDT stablecoin news
New user record and Tether's growing reserves
At the end of March 2025, Tether announced that the number of USDT users had surpassed 400 million — approximately 5% of the global population. In other words, every twentieth person on Earth uses USDT.
Tether's CEO, Paolo Ardoino, notes that stablecoins are becoming increasingly popular not only among regular users but also among companies and government institutions. Ardoino predicts that the number of USDT users could soon reach one billion.
The Tether CEO also stated that cryptocurrencies are entering a new era, dubbed the "stablecoin multiverse," due to the development and diversity of stablecoins. As of June 2025, there are over 20 stablecoins on the market with a capitalization above $100 million, and the total number of stablecoins exceeds 200.
In early April 2025, Tether increased its reserves by purchasing 8,888 Bitcoins worth $735 million. After the purchase, Tether's total Bitcoin reserve amounted to 92,647 BTC, equivalent to $9.7 billion, making the company the 6th largest holder of Bitcoin, according to BitInfoCharts.
Possible ban of Tether (USDT) in the U.S. and a new stablecoin
Two new U.S. legislative bills regulating the stablecoin market — GENIUS and the STABLE Act — are in preparation. The U.S. Senate has already approved the first. Experts claim that if the GENIUS and STABLE Act bills are enacted, restrictions may be imposed on USDT, as Tether is not registered in the United States. The proposed legislation introduces special requirements for foreign stablecoin issuers.
However, the head of Tether noted that if such restrictions were to occur, the company would launch a new stablecoin specifically for the U.S. market. Ardoino emphasized that the company is primarily focused on emerging markets and that U.S. legislation is of little concern to the founder of the leading stablecoin. He also stated that if USDT is banned in the U.S., the stablecoin will continue to be traded on secondary markets.
New market cap record and Tether's blockchain
In June, Tether announced preparations to launch its own Layer 1 blockchain, called Stable. On this new blockchain, the USDT stablecoin will be used for both transactions and network fee payments.
Amid growing popularity, Tether set a new record for market capitalization: as of June 2025, the figure reached $154.8 billion, the highest in the stablecoin's history.
According to the monitoring service CoinMarketCap, Tether accounts for more than 61% of the total stablecoin market capitalization, which stands at $252.8 billion. Since the beginning of the year, USDT's market capitalization has increased by nearly 13% and, over the past year, by more than 37%.
Where to buy and sell Tether (USDT)
Tether is one of the most in-demand cryptocurrencies, leading in trading volume and widely used in most operations within the decentralized finance (DeFi) market.
Users can find exchange options for Tether (USDT) in various formats:
- Tether ERC-20 (USDT on Ethereum, Polygon, Arbitrum, and Optimism);
- Tether TRC-20 (USDT on TRON);
- Tether BEP-20 (USDT on BNB Smart Chain).
For quick USDT exchanges, you can buy and sell the stablecoin using the BestChange.