USDt, Tether’s stablecoin pegged to the U.S. dollar, has achieved a historic milestone by surpassing $150 billion in market capitalization. This makes it the dominant player in the global stablecoin market, holding over 61% of total supply, according to CoinMarketCap. Despite challenges from regulatory limitations in several countries, this surge reflects USDt’s critical role in crypto trading liquidity, DeFi activity, and international transactions. Tether is now preparing for a major expansion into the U.S. market with the launch of a new stablecoin compliant with American regulations. This move follows an impressive 50% increase in active stablecoin wallets over the past year, signifying surging adoption. Tether CEO Paolo Ardoino confirmed during Token2049 in Dubai that this new domestic stablecoin will be distinctly different from their international counterpart, aiming to address regulatory hurdles.