Tether's USDT stablecoin is rapidly growing, adding over 30 million new wallets each quarter, with a user base exceeding 550 million. Its market capitalization reached about $190 billion in 2026, briefly overtaking ether as the second-largest cryptocurrency. Tether reported a $1.04 billion profit in Q1 2026 and holds 97,141 BTC in reserves. The company is expanding consumer access with a new wallet app and plans further U.S. market growth, while stablecoin regulations remain a key factor to watch.
Tether's USDT stablecoin is rapidly expanding, with over 30 million new wallets added each quarter, reaching nearly 500 million wallets globally by late 2025. This growth is largely driven by users in emerging economies seeking protection from local ...
Argentine fintech Uala completed a $197 million funding round led by Allianz X, with Tether participating as an investor. This significant capital injection supports Uala's digital financial services growth across Latin America. Tether's $20 million ...
Venezuela's USDT stablecoin trading volume has reached about 75% of its monthly oil export value, reflecting the country's shift to a parallel financial system amid economic sanctions and hyperinflation. The state oil company PDVSA requires prepaymen...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
The US Treasury added four crypto wallets linked to Iran's central bank to its sanctions list, prompting Tether to freeze $131 million in USDT held in TRON-based addresses. These wallets had received over $165 million in stablecoins, part of Iran's b...
