USDT Market Cap Surpasses $180 Billion, Now Used for Trade in Emerging Markets

Odaily News Tether CEO Paolo Ardoino stated that USDT has expanded globally as a dollar substitute, helping developing countries gain access to foreign currency for domestic and cross-border commercial activities. He emphasized that Tether's mission to promote financial inclusion is more important than ever.

In 2025, economist Asdrubal Oliveros pointed out that nearly 80% of Venezuela's oil revenue is paid via stablecoins. This year, the trading volume in the P2P stablecoin market is equivalent to 75% of the country's monthly crude oil exports, and 90.2% of orders on Binance's P2P order book include USDT.

Argentina has maintained stablecoin demand even after the end of currency controls, with some users leveraging them for liquidity management and hedging against local currency depreciation. Bolivia is evaluating incorporating USDT into its financial system, and Tether's market cap has surpassed $180 billion. (Bitcoin.com News)