Tether (USDT) Capitalization is about to Hit 100 Billion USD

The capitalization of Tether (USDT) continues to increase and solidify its position as the largest stablecoin in the cryptocurrency market as it sets a new capitalization record.

Tether (usdt) Capitalization Is About To Hit 100 Billion Usd_65b9748472da7.webp

Tether (USDT) capitalization is about to reach 100 billion USD

On December 25, 2023, Tether issued an additional 1 billion USDT, bringing the market capitalization of this stablecoin to exceed the 91 billion USD mark for the first time, an increase of nearly 38% in just one year.

💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 #USDT (1,001,100,000 USD) minted at Tether Treasuryhttps://t.co/i3Dqn5tSA6

— Whale Alert (@whale_alert) December 25, 2023

During the October and November period, Tether also put into circulation an additional 5 billion USDT, making an important contribution to the strong recovery of the cryptocurrency market.

tether usdt capitalization is about to hit 100 billion usd 65b974847669c

Tether CEO Paolo Ardoino took to Twitter to summarize the company’s activities in 2023, especially after the new USDT issuance event.

I remember when I spoke for the first time in front of a public audience about @Tether_to .
It was March 2020, in London, at the CryptoCompare conference.
The title of my speech was “Tether: a story of innovation”.
I never did public speaking before.
I was excited and quite shy…

— Paolo Ardoino 🍐 (@paoloardoino) December 26, 2023

In addition to setting a new capitalization record of over 91 billion USD, Tether also created a surplus fund worth more than 4 billion USD, to ensure maintenance of over 100% guarantee for USDT. This surplus fund is extracted directly from Tether’s US Treasury bond investment profits. At the same time, the company has invested in Bitcoin and gold with values reaching $1.6 billion and $3.1 billion respectively as of September.

tether usdt capitalization is about to hit 100 billion usd 65b9748478971

In 2023, Tether also supports multiple initiatives to expand the Web3 ecosystem, including projects such as Holepunch / Keet, Synonym and Northern Data.

CEO Paolo Ardoino revealed that Tether will announce many other new investments and products in the future, creating great anticipation for 2024.

Related: Tether Announced Its Willingness to Cooperate with the FBI and US Secret Service

On the legal front, Tether has increased cooperation with US government agencies to prevent criminal activity, including freezing 161 wallet addresses on OFAC’s sanctions list and freezing more than 435 million USDT.

(100 votes)

5.0/5

(100 votes)

Latest

Bnb Plunges After Being Added To Coinbase’s Listing Roadmap

News | Altcoin | Editor Choice

BNB Plunges After Being Added to Coinbase’s Listing Roadmap

BNB’s price has tumbled sharply in recent days, despite the positive news that the token is set to be listed on Coinbase.

Hyperliquid Leads The $1.4 Billion Token Buyback Wave Sweeping Through Crypto In 2025

News | Altcoin | Editor Choice

Hyperliquid Leads the $1.4 Billion Token Buyback Wave Sweeping Through Crypto in 2025

The year 2025 is witnessing the largest token buyback wave in crypto history, as blockchain projects have spent over $1.4 billion to reduce circulating supply — and Hyperliquid is leading the charge with an unprecedented scale.

Binance Selling Pressure Weighs On Bitcoin

News | Bitcoin | Editor Choice

Binance Selling Pressure Weighs on Bitcoin, But ‘Uptober’ Could Soon Turn the Tide

Despite the ongoing selling pressure, analysts at CryptoQuant believe this is only a short-term correction before Bitcoin’s typical late-October rebound — the so-called “Uptober” — begins.

Binance Completes Gopax Acquisition, Paving The Way For A South Korean Comeback

News | Editor Choice | Policy & Regulations

Binance Completes Gopax Acquisition, Paving the Way for a South Korean Comeback

According to a report from South Korean outlet MK, the world’s largest cryptocurrency exchange Binance has officially completed its acquisition of Gopax, one of the five licensed digital asset exchanges in South Korea.

Why Hyperliquid Is Becoming Unstoppable

News | Altcoin | Editor Choice

After the Crash and Scandal: Why Hyperliquid Is Becoming Unstoppable

Amid record-breaking liquidations and a listing scandal that rocked Binance, Hyperliquid has risen as DeFi’s “fortress of steel” — a living testament to the true power of transparency and decentralization.

Screenshot 2025 09 10 100533