Tether Supply Soars as Stablecoin Market Reaches New Highs

The supply of Tether (USDT), a leading stablecoin, has reached an all-time high of $181 billion. This surge in circulating USDT is driven by increased demand from institutions and on-chain trading activities. DeFiLlama data shows that USDT now accounts for nearly 60% market share in the stablecoin sector, outpacing USDC’s 24.6%. As a result, Tether continues to play a vital role in the crypto markets as traders seek price stability.