USDT market cap has recently surpassed $150 billion, marking a significant milestone for Tether. This surge in value is attributed to the continued growth of the stablecoin market and the increasing adoption of decentralized finance (DeFi) applications. The record high was announced on X by Tether itself, highlighting its long-standing impact within the digital economy since its launch in 2014. This achievement reinforces USDT’s dominance as a preferred stablecoin in the industry, with a 62% market share according to recent data from Defillama. USDT’s growth is fueled by both expansion into DeFi and increased institutional investments, resulting in a 3.79% market cap increase within just one month.