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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
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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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