Lates News

According to Tether's Q4 report, USDT achieved several new highs in the fourth quarter of 2025, including: Market capitalization reaching $187.3 billion. Continuing to exceed 30 million user growth for the eighth consecutive quarter. The number of wallets holding USDT on-chain experienced the largest single-quarter increase. Monthly active on-chain user numbers reached an all-time high. On-chain transfer frequency and value both reached historical highs. The market capitalization of USDT in the fourth quarter of 2025 grew by $12.4 billion to reach $187.3 billion. It increased by 4.9% month-on-month in October but slowed down due to the impact of the October 10th liquidation storm. Tether's total reserves increased by $11.7 billion to reach $192.9 billion in the fourth quarter, achieving a net asset of $6.3 billion (assets exceeding liabilities). The total reserves include 96,184 bitcoins (an increase of 9,850 in the fourth quarter) and 127.5 metric tons of gold (an increase of 21.9 metric tons in the fourth quarter). The estimated total number of users of USDT in the fourth quarter of 2025 increased by 35.2 million to reach 534.5 million, marking the eighth consecutive quarter of user growth exceeding 30 million.