Tether’s USDT stablecoin reached a market capitalization of $187.3 billion in Q4 2025, which marked the eighth consecutive quarter of adding more than 30 million users despite broader crypto market challenges.
Total estimated USDT users increased by 35.2 million during the quarter. This pushed the cumulative user base to 534.5 million, a figure that includes both on-chain wallet holders and users on centralized platforms.
USDT Smashes Records
On-chain holders increased by 14.7 million in Q4 to reach 139.1 million, which is the largest quarterly growth ever. Among these wallets, 30.8% were 100% savers who retained all USDT received. Another 6.7% were savers holding between two-thirds and the full amount. The remaining 62.6% were senders, keeping less than two-thirds of the USDT they received.
Monthly active on-chain users averaged 24.8 million and accounted for 68.4% of all stablecoin monthly active users, the highest level recorded to date.
Tether’s total reserves rose to $192.9 bi
We współpracy z: https://cryptopotato.com/tether-adds-35m-users-while-crypto-loses-one-third-of-market-value/