Tether user count hits a record high: USDT remains in first place, with market share rising to 68.4%

GateNews
ETH-6.03%

On February 5, it was reported that Tether refreshed key indicators in the fourth quarter of 2025, with its average monthly on-chain active users reaching 24.8 million, an increase of 15% month-on-month, setting a record high. Statistics from Chainalysis and Artemis show that USDT’s current market share has risen to 68.4%, maintaining an absolute leading position in the global stablecoin track, significantly widening the gap with other projects.

With the support of multiple blockchain networks, USDT has formed a liquidity system that covers a wide range of regions, meeting the needs of fast settlement and cross-chain in different regions. Especially in emerging markets, inflationary pressures have led users to use stable assets for store of value and daily transfers, which has become an important driver for Tether’s continued expansion. In contrast, some competing stablecoins have gradually been absorbed by USDT due to compliance uncertainty and weak growth.

At the application level, the role of stablecoins is also changing. In addition to crypto asset transactions, USDT has been used for cross-border remittances, corporate fund management, and peer-to-peer payments. The traditional banking system’s lack of speed and cost makes stablecoins an alternative. According to the data, the total number of USDT users worldwide has reached 534.5 million wallet addresses, of which Tron and Ethereum networks are still the main bearer platforms, while the adoption rate of Layer 2 networks is rising rapidly.

This expansion is not a short-term phenomenon. Network effects and deep liquidity are forming a positive feedback: more users bring more frequency, which further attracts merchants and institutions to participate. While regulators around the world are closely monitoring the development of stablecoins, market demand remains strong in scenarios such as cross-border payments, anti-inflation tools, and digital financial infrastructure.

Judging from the current data, Tether’s lead has shown a structured character. As stablecoins gradually integrate into the global capital flow system, USDT is becoming an important bridge connecting traditional finance and the digital economy, and its influence continues to expand.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Tether Launches BitNet LoRA Framework Across Platforms

Tether's QVAC Fabric introduces the BitNet LoRA framework, enabling AI model training on consumer devices with reduced VRAM needs and improved performance. Users can fine-tune large models on smartphones, making AI development more accessible and efficient.

CryptoFrontNews14h ago

Tether CEO: Will Launch New Product Within 30 Days

Gate News reported that on March 18, Tether CEO Paolo Ardoino posted on social media stating that the Tether product team is preparing an "important new product" that is expected to launch within 30 days.

GateNews21h ago

Tether Launches Cross-Platform BitNet LoRA Framework for AI Training on Consumer Devices

Tether's QVAC division announced on March 17, 2026, the launch of the world's first cross-platform LoRA fine-tuning framework for Microsoft's BitNet models (1-bit LLMs), enabling billion-parameter AI training and inference on consumer GPUs and smartphones.

CryptopulseElite03-18 02:55
Comment
0/400
No comments