Tether (USDT) Market Cap Hits $150 Billion for the First Time

By: cryptosheadlines|2025/05/13 02:30:07
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The market cap of Tether (USDT) has eclipsed $150 billion for the first time, as Tether continues to dominate the US stablecoin space. USDt’s circulating supply has expanded by over 36% in the past year alone, especially since Donald Trump was elected as US President for a second time. Tether is a dominant force in cryptocurrency, accounting for 61% of the global stablecoin market as of May 2025.Data from Artemis reveals that the number of active stablecoin wallets has surged more than 50% over the past year, from 19.6 million to 30 million. With Tether leading the way in the stablecoin industry, its market cap surpassing $150 was an awaited development by experts. Additionally, Tether is looking to expand that footprint, especially in the US, according to reports.According to CNBC, Tether is increasing lobbying efforts in Washington as US lawmakers consider several stablecoin-related bills, including the STABLE Act. The act was first introduced by House Financial Services Committee Chair French Hill and Digital Assets Subcommittee Chair Bryan Steil. However, the stable act has received mixed input by legislation. Former Commodity Futures Trading Commission Chair Timothy Massad argues the bill would do little to rein in Tether.Also Read: Ethereum Fusaka Upgrade May Cut Layer-2 and Validator CostsFurthermore, Tether recently announced a $100,000 grant to the BTCPay Server Foundation. This marks the second consecutive year Tether has extended direct support to the Foundation, reaffirming its strategic mission to champion developers building the infrastructure for financial freedom. Tether’s CEO, Paolo Ardoino, said. “We firmly uphold the principles of financial freedom and individual privacy that BTCPay Server exemplifies. This new grant to the BTCPay Server Foundation reflects our respect for the cypherpunk principles that bolster the digital asset movement.”Tether (USDT)’s market volume in the last 24 hours is $127.7B, up over 30%. The stablecoin has become the leading contender of digitalizing fiat currencies, with USDT pegged 1:1 to the US dollar.Source link

-- Price

--

You may also like

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.

NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy

After the integration is complete, the AI entity will be able to manage on-chain assets, pay service fees, and perform related on-chain operations.

Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained

Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com