$SUI USDT sets a new record: market cap surpasses 160 billion USD

Tether has just updated its transparency page, confirming that the market capitalization of the stablecoin USDT has exceeded the 160 billion USD mark – the highest level ever. CEO Paolo Ardoino calls this an 'astonishing milestone' and asserts that USDT is becoming the digital dollar for billions of people in developing countries.

This achievement is supported by significant profits from US Treasury bonds – the main reserve source of USDT (accounting for 81.5%). In Q1 2025, Tether generated over 1 billion USD in operating profit. Currently, Tether holds more than 127 billion USD in US Treasury bonds – equivalent to countries like South Korea or Germany.