Tether's USDT stablecoin has reached a new market capitalization record of over $172 billion, according to CEO Paolo Ardoino. The announcement was made on the X platform, highlighting the significant milestone for the stablecoin issuer. Coingecko data corroborates this, showing USDT's market cap at $172,020,028,458 with a 24-hour trading volume of $54,165,468,335. This surge contributes to the total stablecoin market cap of $296.956 billion across the network.
Tether's USDT Market Cap Hits Record $172 Billion
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