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USDT market capitalization reaches a new high of 149 billion USD, surpassing Qualcomm and Charles Schwab.
Golden Finance reported that Tether, the stablecoin issuer, CEO Paolo Ardoino, released data on the X platform showing that the market capitalization of USDT has reached 149 billion USD, setting a new historical high, surpassing tech giant Qualcomm and financial giant Charles Schwab to rise to 119th place in the global market capitalization ranking. It is worth mentioning that USDT's market capitalization reached 146 billion USD on April 24 and 147 billion USD on April 25, which means it has risen by more than 3 billion USD in about a week.