The world's largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
Tether’s US dollar-denominated stablecoin now controls two-thirds of the entire stablecoin market, following significant adoption over the past two years.
Tether USDT’s (USDT) market share rose over 20% during the past two years to control over 75% of the entire stablecoin market, according to Token Terminal.
The onchain data platform said in a Sept. 16 X post:
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.
Stablecoin issuer Circle is moving its global headquarters to New York City, ahead of the firm’s planned Initial Public Offering (IPO).
Circle, the issuer of the world’s second-largest stablecoin USDC (USDC), is moving into “one of the top floors of 1 World Trade Center.”
The move was announced by Jeremy Allaire, the co-founder and CEO of Circle, who wrote in a Sept. 13 X post:
