USDT supply hits 175B
Key Takeaways
- Tether's USDT stablecoin supply has hit 175 billion tokens.
- This achievement underscores USDT's continued dominance and growth in the stablecoin sector.
Share this article
Tether’s USDT supply reached 175 billion tokens, according to CoinGecko data. The milestone marks continued growth for the flagship stablecoin from Tether, a stablecoin issuer positioning itself as “The Stable Company.”
Tether has been advancing USDT as a tool for financial inclusion in developing regions by creating extensive physical and digital distribution networks for remittances and daily transactions. Competitors are adopting USDT’s technology and strategies as a template, indicating its influence on the broader stablecoin ecosystem.
The company is expanding beyond stablecoins with initiatives like the Wallet Development Kit, enabling non-custodial mobile wallets that support Bitcoin and decentralized finance ecosystems.
Share this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Today: Ethereum’s Fusaka: Achieving 100,000 TPS While Maintaining Decentralization
- Ethereum developers are finalizing the Fusaka upgrade (Dec 3), introducing PeerDAS to reduce data verification costs and boost layer-2 scalability. - The upgrade enables 100,000+ TPS via BPO forks and 60M gas limit increases, enhancing transaction throughput while maintaining decentralization. - Historical context includes prior upgrades (Merge, Dencun) and market reactions showing mixed sentiment despite improved technical metrics. - Security features like EIP-7934 (10MB block cap) and deterministic pro
Bitcoin Updates: BlackRock's ETF Surges as Competitors Struggle—Is This the Next Benchmark for Crypto?
- BlackRock's IBIT ETF became its top revenue source with $42.8M inflows, outperforming rivals like FBTC (-$33.3M). - Growing investor demand for regulated Bitcoin exposure highlights shifting preferences toward established asset managers. - Sustained inflows reflect institutional adoption trends and hedging against macroeconomic risks via compliant BTC access. - ETF liquidity and transparency advantages position them as bridges between traditional finance and digital assets. - Market watchers monitor flow
BCH Rises 7.38% in the Past 24 Hours as Short-Term Growth Surpasses Industry Average
- BCH surged 7.38% in 24 hours, outperforming its industry and S&P 500 by significant margins. - Zacks Momentum Style Score B and Buy rating reflect strong earnings revisions and rising analyst confidence. - Consistent trading volume and 63.46% YTD gains reinforce BCH's momentum-driven appeal to trend-following investors.
Asbury's Retro Strategy Increases Profits, Yet Shares Trail the S&P
- Asbury Automotive's nostalgia-driven strategy boosted Q3 2025 earnings, with $7.17 adjusted EPS surpassing estimates and $4.8B revenue up 13% YoY. - New vehicle sales ($2.53B, +17%) and finance/insurance profits ($187.1M, +9%) drove growth, though used vehicle sales lagged due to weak unit demand. - Despite strong fundamentals and value scores (A ratings), ABG stock underperformed the S&P 500 by 1.2%, reflecting mixed investor sentiment amid $3.6B debt concerns. - Analysts highlight Asbury's $28.03/share
Trending news
MoreCrypto prices
More
