Deep Tide TechFlow News, on February 5th, according to Tether’s Q4 report, USDT hit multiple record highs in Q4 2025, with a market cap of $187.3 billion, marking the eighth consecutive quarter with user growth exceeding 30 million, and on-chain wallet holders reaching a record quarterly increase. The report shows USDT reserves increased to $192.9 billion, including 96,184 Bitcoins and 127.5 tons of gold, with US Treasury holdings rising to $141.6 billion.
Despite a liquidation wave in the crypto market on October 10, 2025, USDT still grew by 3.5%, while the second and third largest stablecoins declined by 2.6% and 57%, respectively. Data indicates that users prefer to use USDT as a store of wealth and trading medium, accounting for 75% of all stablecoin savings wallets and 65.9% of single-asset trading value. On-chain trading volume in Q4 reached $4.4 trillion, a record high.
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Tether Q4 Report: USDT Market Cap Reaches $187.3 Billion, Asset Reserves Increase to $192.9 Billion, Setting Multiple New Records
Deep Tide TechFlow News, on February 5th, according to Tether’s Q4 report, USDT hit multiple record highs in Q4 2025, with a market cap of $187.3 billion, marking the eighth consecutive quarter with user growth exceeding 30 million, and on-chain wallet holders reaching a record quarterly increase. The report shows USDT reserves increased to $192.9 billion, including 96,184 Bitcoins and 127.5 tons of gold, with US Treasury holdings rising to $141.6 billion.
Despite a liquidation wave in the crypto market on October 10, 2025, USDT still grew by 3.5%, while the second and third largest stablecoins declined by 2.6% and 57%, respectively. Data indicates that users prefer to use USDT as a store of wealth and trading medium, accounting for 75% of all stablecoin savings wallets and 65.9% of single-asset trading value. On-chain trading volume in Q4 reached $4.4 trillion, a record high.