Tether's USDT has achieved a new milestone with its market capitalization reaching $154 billion, as announced by CEO Paolo Ardoino. This record high underscores USDT's dominant position in the stablecoin market, where it now represents approximately 60.9% of the total stablecoin market value. According to Coingecko, the overall market capitalization of stablecoins stands at $252.72 billion, with USDC holding a 24.1% share.