Tether has surged past a $150 billion valuation, reinforcing its position as the dominant player in the global stablecoin sector.
This milestone comes amid a sharp uptick in stablecoin usage, driven by rising demand for digital dollars across crypto markets.
In the past year, Tether’s supply has expanded more than 36%, outpacing its competitors and now accounting for over 60% of the total stablecoin market. Activity in the space has surged as well, with the number of active wallets rising from under 20 million to 30 million, according to blockchain analytics platforms Dune and Artemis.
While Tether remains largely absent from the U.S. market due to regulatory constraints, the company is reportedly preparing to launch a new dollar-pegged token tailored for domestic compliance. CEO Paolo Ardoino hinted that this “U.S.-specific” stablecoin would differ from the current USDt model, signaling a strategic pivot as Washington mulls over multiple bills related to digital asset regulation.
Among these, the STABLE Act—championed by key lawmakers—is drawing pushback. Former CFTC Chairman Timothy Massad warned during a congressional hearing that the bill may fall short in ensuring strong federal oversight and risk management.
Despite policy uncertainty, Tether’s momentum remains strong. As regulatory discussions continue, the company is positioning itself for deeper integration into both global and U.S. financial systems—potentially redefining the next era of stablecoin adoption.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/tether-surges-past-150b-as-stablecoin-use-explodes-worldwide/