Tether’s USDT Revenue Hits New High, Outpacing Competitors

Tether’s stablecoin USDT is surging in popularity, achieving a record-breaking weekly revenue of $148.98 million, according to DefiLlama data. This significant surge surpasses its competitors: Circle USDC earned $49.25 million, Hyperliquid amassed $31.18 million, Tron garnered $13.96 million, and Pump.fun generated $12 million. This positions Tether as the leader in the US-dollar-backed stablecoin market.