Tether USDT Circulating Supply Passes $100 Billion: A Milestone Achieved
The cryptocurrency market is buzzing! The largest stablecoin by market cap, Tether USDT, has seen its circulating supply pass the $100 billion mark according to Blockworks. Indeed, this is the first time that the dollar-pegged Tether, USDT's issuer, has reached this significant milestone.
This news comes as the price of bitcoin surged on Tuesday towards a record high amid broader market optimism. The number of dollar-pegged stablecoins issued by Tether has crossed $100 billion, reflecting increased demand and adoption of USDT in the digital asset ecosystem.
USDT's Dominance and Market Capitalization
USDT, the world's largest stablecoin, plays a crucial role in providing liquidity and stability to cryptocurrency trading. Tether (USDT), the world's largest stablecoin, has approached a circulating supply of nearly $100 billion, marking an all-time high range of around 99.5 billion, according to data from various sources. This massive circulating supply reinforces USDT's position as a leading stablecoin.
The USDT momentarily hit its $100 billion milestone on March 4 as the market capitalization fluctuates based on the current price and circulating supply, according to data from various cryptocurrency tracking platforms. This fluctuation highlights the dynamic nature of the market and the impact of price movements on market capitalization.
Tether's Financial Performance
The issuer of USDT, Tether, recorded its highest net profit of $2.9 billion in the fourth quarter of 2025, according to its attestation report. This strong financial performance further strengthens confidence in Tether's ability to maintain the peg of USDT to the US dollar.
The passing of the $100 billion mark in circulating supply is a testament to the growing importance and utility of USDT within the cryptocurrency space. As adoption continues to rise, USDT is poised to play an even greater role in the future of digital finance.