21-9-2025 – Tether CEO Paolo Ardoino announced that the market capitalization of USDT has exceeded $172 billion, achieving a new all-time high. The stablecoin’s current market cap stands at $172,020,028,458, supported by a 24-hour trading volume of $54,165,468,335, according to data from Coingecko.
This surge contributes to the broader stablecoin sector’s total market cap reaching $296.956 billion, highlighting USDT’s dominant position amid increasing demand for dollar-pegged assets in crypto markets. Since its launch in 2014, USDT has grown into the largest stablecoin by volume, often serving as a bridge for traders during volatile periods. The milestone reflects heightened institutional interest and global adoption, despite ongoing debates over Tether’s reserve transparency and regulatory compliance.