Tether Reigns Supreme: USDT Dominance Soars Amidst Crypto Market Slump

In the midst of a downturn in the crypto market, Tether’s USDT has experienced an unexpected surge in dominance. Key data shows its market share now sits at its highest point since April 2025, reaching a remarkable $184 billion market cap. This shift signifies investors’ increasing preference for stablecoins like USDT as they seek safety and stability amidst market volatility.