Global #USDT

Tether (USDT), the world’s largest dollar-pegged stablecoin, is seeing a significant surge in its market dominance, reaching its highest level since April.

Tether, the issuer of the USDT stablecoin, has significantly increased its Bitcoin (BTC) holdings, making two large transfers totaling approximately $1 billion from Bitfinex's hot wallets to its reserve address.

A large cryptocurrency investor, with the wallet address 0x540C, recently withdrew a massive $114.9 million in USDT from Aave's main market.

Tether International, the issuer of the USDT stablecoin, reported a net profit exceeding $10 billion through the third quarter of this year, establishing it as one of the world's most profitable privately held companies, according to an attestation report by BDO.

The Tron network is experiencing unprecedented transaction volumes and user growth, driven by its high speed, low costs, and strong adoption of Tether (USDT), particularly in emerging markets.

Tether's stablecoin, USDT, has hit a massive milestone of 500 million users, according to an announcement by CEO Paolo Ardoino.