💵 USDt surpasses $160B — the digital dollar is here to stay
Tether has reached a new milestone: the market capitalization of the stablecoin USDt has surpassed $160 billion. According to CEO Paolo Ardoino, this consolidates its role as the "digital dollar" for emerging markets.
➡️ Key numbers:
🟡 Capitalization of $160B — increase of $10B in just 2 months
🟡 Over 400 million users, with 35 million new wallets per quarter
🟡 Tron leads in supply: $81B compared to $65B on Ethereum
🟡 Backing of USDt: 81.5% in Treasury securities and cash, 5.1% in Bitcoin
🟡 Profit of $1B in the first quarter, with $4B in new tokens issued in the last week
📌 Tether now holds $127B in US Treasury securities — the same as South Korea. And in 2024, transactions with stablecoins surpassed Visa and Mastercard combined.
#USDT $USDT