$USDC 🪙 Current status of USDT

• Price: USDT maintains its parity with the dollar, trading at $1.0005.

• Market capitalization: $148.76 billion. 

• Daily volume: $62.17 billion.

• Circulating supply: 148.69 billion USDT.

📈 Growth and financial backing

• Record issuance: Between March and April 2025, Tether issued approximately $23 billion in new USDT, reaching a total supply of $146 billion, the fastest growth in its history. 

• Earnings: In the first quarter of 2025, Tether reported over $1 billion in operating profit, backed by returns on U.S. Treasury bonds, with holdings nearing $120 billion. 

🌍 Expansion and challenges

• Expansion in the U.S.: Tether plans to launch a stablecoin product in the U.S. by the end of 2025, focusing on payment solutions for consumers. 

• Regulatory challenges: Although Tether has improved its transparency and cooperation with authorities, it faces regulatory challenges, especially in the U.S., where new laws could exclude foreign issuers like Tether from certain regulations. 

🔍 Overall perspective

Tether continues to be the leader in the stablecoin market, with growing adoption in emerging markets and strategic expansion in the U.S. However, it faces regulatory challenges that could affect its dominant position.