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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
pluang ai news

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.

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