Tether’s USDT Dominance: Nearing $1.5B Revenue Milestone in 2025

Tether, the issuer of the world’s largest stablecoin USDT, is on track to surpass $1.5 billion in revenue in 2025, having already earned $1.46 billion year-to-date. This remarkable financial performance is driven by surging demand for USDT, robust transaction volumes, and strategic investments. With its total equity exceeding $20 billion in 2024 and USDT’s circulating supply growing to over $144 billion, Tether continues to solidify its position as a leader in the cryptocurrency market.

Tether Nears $1.5B Revenue Milestone

Tether has earned up to $1.46 billion so far in 2025 and is expected to surpass the $1.5 billion mark soon. The company’s total equity exceeded $20 billion in 2024 due to the rising adoption of USDT, strong transaction volumes, and smart investments. The total amount of USDT in use has risen to over $144 billion, compared to $109 billion last year. This shows strong growth compared to its competitors in the crypto space.

Tether Mints $1 Billion USDT on TRON Amid Bitcoin Surge

Tether has minted $1 billion worth of USDT on the TRON blockchain, bringing the year-to-date total to $10 billion. The move aligns with growing demand for stablecoins, possibly triggered by Bitcoin’s surge past $87,000.

Bitcoin and Stablecoins Dominate Crypto Market

Bitcoin (BTC) and the top two stablecoins by market capitalization, Tether (USDT) and Circle’s (USDC), now represent approximately 72% of the total cryptocurrency market. BTC alone has surged to a 64.60% share, reflecting growing investor preference amid macroeconomic and market uncertainty. Meanwhile, ether (ETH) continues to struggle, falling more than 50% in 2025.