According to Tather CEO Paolo Edino, the world’s largest Stabecrim market cap, the world’s largest Stabelcoin, is the first time over 160 billion dollars, a “new -minded milestone”.
In one Thursday Post At X, Ardoino called The Achievement A Test to increase the growing role of USDT (USDT) as digital dollars for billions of people living in emerging markets and developing countries. USDT crossed $ 150 billion in May.
Ardoino is Said The USDT is used by over 400 million people worldwide, expanding by 35 million wallets in each trimester, especially in emerging markets where it serves as a reliable dollar alternative.
Blockchain distribution of USDT suggests that Tron hosts the highest USDT supply, now accounting for about $ 81 billion, compared to $ 65 billion of the atherium, according to it. data From Difilama. Issuing USDT on other networks is quite small, $ 6.8 billion on the BNB series, $ 2.3 billion on Solan and $ 1.1 billion on polygon.
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USDT is supported by cash and US Treasury
Tedar SpeculationCash and cash counterparts, mainly short -term American Treasury, forms 81.5% of the backing reserves of USDT, with accounting for bitcoin (BTC) 5.1%.
As well as the 18th largest holder with countries like South Korea and Germany, Q2 is more than $ 127 billion in American Treasury as 2025. The company posted more than $ 1 billion in the operational benefits in Q1.
Stablecoin issuer is also constantly colliding with new tokens. On Wednesday Molded Another $ 1 billion, over $ 4 billion in the last one week.
Last week, Tether announced that it would stop allowing USDT redemption on five Legacy blockchain, starting from the sept 1, Bitcoin Cash SLP, Kusama, EOS (now Wallta), and Elgorand.
The move aims to focus on blockchain with better scalability, greater developer activity and strong community engagement, according to CEO Erdoino.
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StableCoin market expands amid growing regulator clarity
StableCoin market is expanding rapidly, rapidly seen as Go-to Settlement Layer of Internet with fiat-peg digital assets. In 2024, versions of StableCoin transactions also crossed the visa and master card jointly.
The rising pace comes when the Trump administration has given priority to Stabecoin regulation, in which the Genius Act leads the charge. Bill received bilateral support in the Senate Banking Committee and passed the Senate in June.
However, a group of MPs stayed at the House of Representatives after blocking a major procedural vote on Tuesday. The House is ready to vote as a standalone remedy on the Genius Act.
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