Tether’s 2025 Takeover: Inside the $170B Stablecoin Shaking Up Global Finance
Tether’s USDT stablecoin reached over $170 billion in market cap in 2025, controlling 58% of the stablecoin market. The company is re-entering the U.S. with a new compliant coin and is seeking to raise up to $20 billion at a $500 billion valuation. USDT is used in 65% of stablecoin trades on exchanges and is a key dollar substitute in Latin America and Africa. New U.S. and EU regulations now require full reserve backing and regular disclosures.