
USDT Hits Crazy 80% Stablecoin Market Milestone: Details
US Dollar Tether (USDT), world's largest stablecoin, hits another splendid adoption milestone[...]
Tether's Dominance in Stablecoin Payments Soars to 80%
U.S. Dollar Tether (USDT), the largest stablecoin by market capitalization, has reached a new usage high, accounting for a staggering 80% of all stablecoin payments, according to a recent report. This milestone underscores the growing importance of USDT in the rapidly expanding stablecoin ecosystem.
The report, titled "Stablecoin Payments from the Ground Up," reveals that in just two years, the average monthly stablecoin usage (net USD-denominated value transferred) has surged by an impressive 215%, from $2 billion to over $6.3 billion. While USDT has consistently remained the most popular asset in this space, USDC by Circle is the second-best alternative.
In terms of the blockchains utilized for stablecoin transfers, Tron (TRX) has emerged as the undisputed leader, followed by Ethereum (ETH), Binance Smart Chain (BSC), and Polygon (MATIC). Notably, the Tron-based version of USDT exceeded Ethereum's in May 2025, a significant milestone for the stablecoin.
Despite the impressive growth, the report's authors highlight that the journey for stablecoins as a means of value transfer has only just begun. With Visa's estimated B2B market of $145 trillion, the current stablecoin B2B payments of $3 billion are still a mere fraction of the potential.
Interestingly, the report also notes that in this current cycle, Tether (USDT) is aggressively increasing the USDT supply, which can be interpreted as a bullish signal for the price of Bitcoin (BTC).
As the stablecoin market continues to evolve and expand, the dominance of USDT underscores its pivotal role in the broader cryptocurrency ecosystem. The report's findings provide valuable insights into the growth and potential of this rapidly changing landscape.