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USDt market cap hits $150B for first time as Tether eyes US expansion

  • On May 12, 2025, Tether's USDT stablecoin exceeded a circulating supply of $150 billion, solidifying its status as the largest stablecoin in the world.
  • The milestone follows steady growth driven by over 400 million users and a 36% supply increase in the past year amid rising global demand for digital dollars.
  • USDT now holds 63% of the nearly $238 billion total stablecoin supply, with its TRON-based version overtaking Ethereum's supply for the first time in history.
  • An expert called this blockchain supply shift the “flippening,” confirmed by Tether Transparency, as TRON USDT reached $73.8 billion versus Ethereum's $71.9 billion.
  • Tether plans to launch a US-specific stablecoin amid ongoing regulatory discussions in Washington, aiming for deeper integration into domestic financial systems.
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u.today broke the news in on Monday, May 12, 2025.
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