💥 TETHER: ABSURD numbers for the USDT stablecoin, it accounts for 63% of crypto spot volume 💥
Tether has taken a fundamental position in the crypto market. Whether in Europe or not, USDT continues to expand without looking back.
🔶 Yesterday, Paolo Ardoino, CEO of Tether, the issuing company of the USDT stablecoin, spoke at the Venetian hotel in Las Vegas for the famous Bitcoin Conference 2025.
In his speech, he talked about the recent extraordinary results recorded by the company, which today holds more than 100,000 Bitcoin and 50 tons of gold, simultaneously highlighting the key role of USDT in the crypto market. Some data was also reported in a new dashboard, accessible at "usdt.network", which shows in real-time the adoption and growth of its main stablecoin in the on-chain world.
🔶 Those in the know will have noticed this for some time: Tether, thanks to USDT, has become one of the most profitable and impactful companies in the crypto landscape of the last decade. The coin now boasts a market value of $153 billion and generates an average daily volume of $31 billion across 11 million individual transfers.
🔰 The USDT stablecoin governs spot trading on exchanges:
The growing demand for Tether's stablecoin reflects a very important component, often overlooked by many, namely the centrality of USDT as a counterparty for transactions in the crypto market. Consider that the coin alone represents about 63% of the total spot trading volume. More than half of all spot trading operations conducted on the exchange have USDT as a counterparty.
🔰 USDT is mostly distributed across the Tron and Ethereum chains, with a more modest presence on networks like Solana, Ton, Avalanche, BNB chain, Arbitrum, Polygon, and Aptos. Every day, confirming how giant the coin has become today, we see on average over $17 billion in on-chain transactions on Tron and $7.7 billion on Ethereum.
