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Showing posts with the label billion USDT

Tether's USDt Hits $150B Market Cap Amid U.S. Expansion Plans

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Tether's USDt Hits $150B Market Cap Amid U.S. Expansion Plans Tether's USDt has reached a major milestone, surpassing a $150 billion market capitalization for the first time on May 12, 2025. This surge reflects a 36% increase in circulating supply over the past year, consolidating USDt’s position as the dominant stablecoin with 61% of the global market share, based on industry data. The rise in USDt’s valuation aligns with broader adoption trends, marked by a 50% increase in active stablecoin wallets in... crypto news today

Stablecoins Emerge as Key Strategy to Preserve U.S. Dollar Dominance

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Stablecoins Emerge as Key Strategy to Preserve U.S. Dollar Dominance Stablecoins are increasingly viewed by lawmakers, developers, and investors as a critical tool in preserving the United States dollar’s status as the world’s reserve currency. According to Bryan Pellegrino, CEO and founder of LayerZero Labs, these digital assets represent the most effective mechanism to reinforce U.S. financial dominance globally. In a recent interview, Pellegrino underscored that the cross-border accessibility of dollar-pegg... Stablecoins Emerge as Key Strategy to Preserve U.S. Dollar Dominance