Tether Surpasses 500 Million Users as Growth Accelerates—But Risks and USDT Peg Concerns Persist

Tether’s USDT has crossed a major milestone, surpassing 534 million users, even as the broader crypto market remains under pressure following a sharp contraction that began in October 2025. According to the company’s Q4 2025 USD₮ Market Report, the stablecoin added more than 35 million users in the quarter, marking the eighth consecutive quarter of adding over 30 million users. USDT Expands as a Global Store of Value Even as Crypto Market Cap Contracts The growth comes during a period of declining risk appetite. Since the October 10 liquidation cascade, the total crypto market capitalization has fallen by more than one-third (30%) source: https://beincrypto.com/tether-nears-ethereum-market-cap/