Tether's USDT Stablecoin Thrives Despite Cryptocurrency Market Decline

Tether's USDT stablecoin has defied the downturn in the cryptocurrency market, continuing to attract millions of new users and solidify its position as a global store of value.

The company's user base has grown to 534.5 million worldwide, with 35.2 million new users added in the last quarter of 2025. This represents an eighth consecutive quarter above 30 million new users.

Tether's reserves have also increased, with diversification into Treasury bonds, Bitcoin, and gold. The company now holds $141.6 billion in US Treasury bonds, as well as 96,184 Bitcoins and 127.5 metric tons of gold.