Tether Surpasses $150B; Tron USDT, Bitcoin Move Lead

Tether's USDT has surpassed $150 billion in market capitalization, capturing over 60% of the global stablecoin market and growing by more than 36% in the past year. Over $73 billion USDT is now issued on the Tron blockchain, surpassing Ethereum in supply. Weekly transfer volumes of stablecoins, led by USDT, now regularly exceed those of Visa and PayPal, indicating rising mainstream use. Tether is expanding its reach with new initiatives like the USDT card and a $459 million Bitcoin purchase for the treasury of the upcoming public company Twenty One. Regulatory activity continues as Tether prepares a new US dollar-backed stablecoin for the U.S. and increases lobbying amid legislative debates. Major financial firms, including Visa and Mastercard, are adapting to the stablecoin-driven transformation of global finance.