Tether (USDT) stablecoin surpasses $50 billion in circulation
Stablecoins have become very popular in the cryptocurrency space over the past few years. In the first place, they allow users to hold their money without the volatility of the regular cryptocurrencies. In the same way, due to their importance as fiat alternatives, there is a huge demand for stablecoins. That said, Tether’s total market cap has surpassed the $50 billion mark for the first time.
USDT in circulation surpasses $50 billion
Tether, the leading stablecoin, surpassed $50 billion in circulation for the first time today. This latest development means Tether’s holdings are higher than the total of nearly all of the banks in the United States.According to a Bloomberg report, Tether’s growth has been remarkable considering it uses a token as a payment method. The stablecoin issuer is slated to release its first quarter (Q1) statement on its reserves to the New York Attorney General before the end of the month.
Tether is expected to provide a quarterly statement to the New York Attorney General. This follows previous allegations that the stablecoins were not fully backed by fiat currencies. The stablecoin issuer was cleared last month by an external auditor. The examiner revealed that the USDT tokens are fully backed by an equivalent amount of fiat currencies.
Nic Carter, the co-founder of researcher Coin Metrics, told Bloomberg that “At those offshore exchanges, Tether is the main collateral and margin type. Exchange volumes are way up, and Binance volume is way up. For traders to get access to these crypto-only exchanges, they often prefer a stablecoin like Tether. You can think of the supply of Tether as a transparent proxy for the balance sheet of both the crypto-only exchanges as well as the funds trading crypto on those exchanges.”
Tether continues to gain adoption
Tether has been growing over the past few years despite the numerous allegations against it. The company has maintained its position as the leading stablecoin in the world. It is also the fifth-largest cryptocurrency in terms of market cap.Last month, Coinbase announced that it would be listing Tether on its Coinbase Pro platform. The US-based exchange announced the addition of Tether to its platform a few weeks after an external auditing firm cleared the stablecoin issuer. Tether, also known as USDT, is available on several cryptocurrency exchanges, including Binance. However, Coinbase had opted to use others as well.
Continue reading by joining Cryptonary Pro
$497/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
