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Tether hits 550M users with 30M new wallets quarterly, driving $190B market cap and expanding cross-border payments.

Market News
18 Jul 2026
Cointribune
View Source
Bullish
Tether hits 550M users with 30M new wallets quarterly, driving $190B market cap and expanding cross-border payments.

Tether's USDT stablecoin has reached over 550 million users globally, adding 30 million new wallets each quarter, mainly in developing countries. Its market cap surged to $190 billion, briefly surpassing Ethereum, with 50-60% of USDT activity now supporting cross-border trade and payments. Tether posted $1.04 billion profit in Q1 2026 and launched a user-friendly app to boost mainstream adoption. The company is also preparing a new stablecoin tailored for the regulated US market, signaling its intent to expand beyond crypto trading into global finance infrastructure.

More News (USDT)

Tether freezes 218,023 USDT linked to Bitget hack to block stolen funds' movement

Tether freezes 218,023 USDT linked to Bitget hack to block stolen funds' movement

Tether has frozen 218,022.97 USDT connected to the Bitget security breach to prevent further movement of the stolen stablecoins. This action followed Circle's earlier freeze of about 100,000 USDC related to the same incident. The stolen funds were mo...

Market News
Bearish
19 hours ago
Circle freezes $100K USDC linked to Bitget theft; $218K USDT remains unfrozen.

Circle freezes $100K USDC linked to Bitget theft; $218K USDT remains unfrozen.

Circle froze 100,000 USDC tokens held at a crypto address connected to stolen funds from a Bitget hack. The same address also holds 218,000 USDT tokens, which remain unfrozen as of the latest update. The USDC funds were idle for over two and a half h...

Market News
Bearish
21 hours ago
TRON network surpasses $30 trillion in cumulative transfer volume, driven by stablecoin activity.

TRON network surpasses $30 trillion in cumulative transfer volume, driven by stablecoin activity.

The TRON blockchain network has exceeded $30 trillion in cumulative transfer volume as of September 23, 2026, highlighting its significant role in stablecoin payments and settlements. The network hosts over 405 million accounts and has processed 15.6...

Protocol Fundamentals
Bullish
21 hours ago
Tron settles $30 trillion in transfers but TRX price remains flat over the past year.

Tron settles $30 trillion in transfers but TRX price remains flat over the past year.

Tron has processed over $30 trillion in lifetime transfers and grown to 405 million accounts with 15 billion transactions, highlighting strong network activity. Despite this, the TRX token price has remained nearly unchanged at around $0.34 over the ...

Protocol Fundamentals
Neutral
21 hours ago
Tether's funds frozen at offshore bank EQIBank amid US seizure, raising concerns over offshore reserve risks.

Tether's funds frozen at offshore bank EQIBank amid US seizure, raising concerns over offshore reserve risks.

Tether has funds trapped at EQIBank, an offshore digital bank facing liquidation after US authorities seized about 80% of the bank's holdings linked to a payment processor. Tether says its exposure is minimal, under 0.034% of total assets, but has no...

Market News
Bearish
1 day ago
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