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 Sets New All Time High After Surging 21% In A Week

News | Altcoin | Editor Choice

BNB Sets New All-Time High After Surging 21% in a Week

After surging 21% in just a week, BNB has soared to a new all-time high, capturing the spotlight as the cryptocurrency market rallies.

Crypto Whales Intensify Activity In Uptober As Market Cap Surpasses $4 Trillion

News | Altcoin | Editor Choice

Crypto Whales Intensify Activity in Uptober as Market Cap Surpasses $4 Trillion

The global cryptocurrency market kicked off “Uptober” with renewed enthusiasm as total capitalization surpassed $4 trillion, while whale activity surged — hinting at strategic moves across Bitcoin, Ethereum, and key altcoins amid growing market volatility.

Bitcoin Hits A New Ath As Profit Margins Continue To Shrink

News | Bitcoin | Editor Choice

Bitcoin Hits a New ATH as Profit Margins Continue to Shrink

Although Bitcoin (BTC) continues to set new price records after every halving, historical data shows that the world’s largest cryptocurrency is experiencing diminishing returns with each new cycle.

Cz Says He Was Threatened To Pay $4.4 Billion

News | Editor Choice | Policy & Regulations

CZ Says He Was Threatened to Pay $4.4 Billion

CZ, the founder of Binance, has shaken the crypto world by claiming he was threatened to pay $4.4 billion to avoid false accusations that his exchange financed terrorism.

Binance Hits Record Altcoin Trading Volume As Altseason Heats Up

News | Altcoin | Editor Choice

Binance Hits Record Altcoin Trading Volume as “Altseason” Heats Up

Binance has set a historic record as altcoins captured 82.3% of total trading volume, signaling a new “altseason” fueled by surging institutional inflows and investor demand for non-Bitcoin tokens.

Screenshot 2025 09 10 100533