As of May 1, 2025, Tether (USDT) continues to maintain its peg to the U.S. dollar, trading at approximately $0.999987. The stablecoin's price remains within its typical narrow range, with an intraday high of $1.00 and a low of $0.999936.

In recent developments, Tether has minted an additional 1 billion USDT on the Tron blockchain, bringing the total USDT supply on Tron to $71.7 billion. This move underscores Tether's commitment to meeting the growing demand for stablecoins across various blockchain platforms.

Looking ahead, Tether plans to launch a U.S.-specific version of its USDT stablecoin by the end of 2025. This initiative aims to align with evolving U.S. regulatory frameworks and ensure compliance with domestic financial regulations. ​Decrypt+2

Despite minor fluctuations, USDT's price stability continues to play a crucial role in the cryptocurrency ecosystem, providing traders and investors with a reliable medium for transactions and a hedge against market volatility.