Tether Adds 35M Users While Crypto Loses One-Third of Market Value
Despite the crypto market crash, USDT adds 35.2 million users, bringing the total user base to 534.5 million across wallets and platforms.
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…
